Foot Locker Q2 loss $0.39/share; DICK'S deal cleared for Sept 8 close

FOOT LOCKER, INC.

2025-Q2 EPS reported -$4.20 revenue$3,651,000,000

Total sales fell 2.4% to $1,851M; comparable sales down 2.0% (NA +1.4%, intl -10.3%).
GAAP EPS loss $0.39 (vs -$0.13); non-GAAP EPS loss $0.27 (vs -$0.05).
Net loss $38M vs $12M; gross margin -50bps; no guidance given due to pending sale.
Shareholders approved DICK'S acquisition on Aug 22; HSR waiting period expired Aug 25.
Transaction expected to close Sept 8, 2025; 52 stores refreshed in Q2.

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