The Pittsburgh-based company, which is the largest sporting goods retailer in the country, is nearing a deal to acquire rival ...

Shares of Foot Locker surged after The Wall Street Journal reported that Dick's Sporting Goods is nearing a $2.3 billion deal to buy the sneaker retailer. Foot Locker's stock soared 70%, to $21.90, in ...

Dick’s Sporting Goods is nearing a deal to buy Foot Locker for roughly $2.3 billion, according to people familiar with the ...

Retailers, including shoe companies, have faced pressure after President Donald Trump announced sweeping tariffs last month.

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.