In the unaudited pro forma condensed combined balance sheet as of August 2, 2025, the cash and cash equivalents for Dick’s Sporting Goods, Inc. (historical) were $1,231,022, while for Foot Locker, Inc. (historical, adjusted), it was $299,000. After transaction accounting adjustments, the combined cash and cash equivalents were $1,178,844.
The net sales for the twenty-six weeks ended August 2, 2025, for Dick’s Sporting Goods, Inc. (historical) were $6,821,293, and for Foot Locker, Inc. (historical, adjusted), it was $3,651,000. After transaction accounting adjustments, the pro forma combined net sales were $10,472,293.
For the year ended February 1, 2025, the net sales for Dick’s Sporting Goods, Inc. (historical) were $13,442,849 and for Foot Locker, Inc. (historical, adjusted), it was $7,988,000. After transaction accounting adjustments, the pro forma combined net sales were $21,430,849.
The gross profit for the twenty-six weeks ended August 2, 2025, for Dick’s Sporting Goods, Inc. (historical) was $2,516,358, and for Foot Locker, Inc. (historical, adjusted), it was $958,000. After transaction accounting adjustments, the pro forma combined gross profit was $3,492,633.
The net income for the twenty-six weeks ended August 2, 2025, for Dick’s Sporting Goods, Inc. (historical) was $645,690, and for Foot Locker, Inc. (historical, adjusted), it was ($401,000). After transaction accounting adjustments, the pro forma combined net income was $256,315.
The earnings per common share for the twenty-six weeks ended August 2, 2025, for Dick’s Sporting Goods, Inc. (historical) were $8.15, and for Foot Locker, Inc. (historical, adjusted), it was ($4.20). After transaction accounting adjustments, the pro forma combined earnings per common share were $2.89.
The weighted average common shares outstanding for the twenty-six weeks ended August 2, 2025, for Dick’s Sporting Goods, Inc. (historical) were 79,244, and for Foot Locker, Inc. (historical, adjusted), it was 95,404. After transaction accounting adjustments, the pro forma combined weighted average common shares outstanding were 88,826. Following these announcements, the company's shares moved -0.36%, and are now trading at a price of $221.24. Check out the company's full 8-K submission here.