Foot Locker International President Matthew Barnes purchased approximately $500,000 of DICK'S Sporting Goods ($DKS) stock on September 30, adding to a recent wave of insider buying at the company. DICK'S acquired Foot Locker for $2.5 billion in September 2025, making Barnes an officer of the combined company.
- Barnes purchased 3,665 shares at an average price of $136.3899, increasing his direct holdings to 11,965 shares.
- The purchase follows recent DKS insider buying by CFO Navdeep Gupta and directors Larry Fitzgerald Jr., Mark Barrenechea, Robert Eddy and Sandeep Mathrani.
- DICK'S reported 4.9% comparable-sales growth for its core business in Q2, while Foot Locker comparable sales declined 3.6%.
- The company lowered its 2026 Foot Locker outlook amid challenging athletic footwear and apparel conditions.
Relevant Companies
- DICK'S Sporting Goods ($DKS) - Barnes joins several executives and directors making recent open-market purchases.
Editor’s Note: This is a developing story. This article may be updated as more details become available.
