Dick's Sporting Goods DKS Foot Locker — Litigation Settlement Purchase Price Allocation
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Where this comes from
Reported directly by Dick's Sporting Goods in its filing.
Tagged under the XBRL concept dks:LitigationSettlementPurchasePriceAllocation.
The source filing: Dick's Sporting Goods’s 10-Q, filed June 4, 2026.
- Filed
- Jun 4, 2026, 4:26 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001089063-26-000027
In February 2026, the Company entered into a settlement agreement to resolve credit and debit card interchange fee litigation matters in which it was a plaintiff. As a result of a lump-sum settlement, the Company received $204.3 million, net of legal fees, during the 13 weeks ended May 2, 2026, of which $150.0 million was recorded within selling, general and administrative expense on the Consolidated Statement of Income with the remaining $54.3 million attributed to the Foot Locker acquisition and recorded as part of the Company’s adjustments to the preliminary purchase price allocation. Refer to Note 2 – Acquisition of Foot Locker for further information.
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Dick's Sporting Goods's foot locker — litigation settlement purchase price allocation?
- Dick's Sporting Goods (DKS) reported foot locker — litigation settlement purchase price allocation of $54.3M in Q1 2026.
- What does foot locker — litigation settlement purchase price allocation mean?
- This metric captures the portion of the purchase price for the Foot Locker segment that has been specifically allocated to resolve outstanding litigation or legal contingencies identified during the acquisition process. It reflects the financial impact of assuming legal liabilities as part of the business combination. This adjustment is critical for understanding the true economic cost of the acquisition beyond the base purchase price.
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