Barron’s Commentary – Lorne Bycoff on Dick’s Sporting Goods’ Acquisition of Foot Locker
Dick’s Sporting Goods’ acquisition of Foot Locker underscores the growing value of scale in the footwear category—an area we’ve long considered “AI-proof.” As noted by our co-founder Lorne Bycoff in Barron’s, “Dick’s could be taking advantage of a market opportunity to get a beaten-down company that helps its long-term expansion goals at a reasonable price.” Read our perspective and what it signals for long-term investors.