Foot Locker's 15min chart shows MACD Death Cross and KDJ Death Cross signals.

According to the 15-minute chart of Foot Locker, the MACD Death Cross and KDJ Death Cross indicators triggered at 09/04/2025 15:00. This suggests that the stock price has the potential to continue its downward trend, as the momentum of the stock price is shifting towards the downside and may further decrease.

On Thursday, September 4, 2025, Dick’s Sporting Goods (NYSE: DKS) presented a robust strategic overview at the Goldman Sachs 32nd Annual Global Retailing Conference 2025. The company highlighted its strong second-quarter performance, underscored by innovation, expansion, and a focus on merging sports with culture. While Dick’s acknowledged challenges such as tariff impacts and inventory management, the company expressed optimism about its future prospects.

Key Takeaways
Dick’s Sporting Goods reported a 5% increase in comparable store sales for Q2. The acquisition of Foot Locker is seen as a key opportunity for global expansion. Vertical brands are driving higher margins, with rates 700 to 900 basis points above average. The company is expanding its House of Sport and Fieldhouse concepts to enhance customer experiences. Tariffs are expected to have a greater impact in the latter half of the year.

Financial Results
Comparable store sales rose by 5% in Q2, following a 4.5% increase the previous year. Inventory grew by 7% year-over-year, with expectations to moderate in the second half. Gross margins improved by 30 basis points, building on over 200 basis points of prior gains. Vertical brands are significantly outperforming, contributing to higher margin rates. The Game Changer platform generated $100 million in sales last year, with projections of $150 million this year.

Operational Updates
The Foot Locker acquisition was finalized, with integration efforts underway. Dick’s Green Day event in July provided significant value to consumers. Continued growth of vertical brands is outpacing the overall company growth. Plans to open 16 House of Sport locations this year, with 13 slated for Q3. Expansion of Fieldhouse concept in 50,000 square foot formats is ongoing.

Future Outlook
Consumer health is expected to remain stable in the second half of the year. Inventory growth is anticipated to decelerate, with tariffs posing a greater challenge. Focus on growth in footwear and e-commerce segments is a priority. The Game Changer platform and DICK’S Media Network are projected to boost margins.

Indicators Suggest Downward Trend for Foot Locker
According to the 15-minute chart of Foot Locker, the MACD Death Cross and KDJ Death Cross indicators triggered at 09/04/2025 15:00. This suggests that the stock price has the potential to continue its downward trend, as the momentum of the stock price is shifting towards the downside and may further decrease [1].

References:
[1] https://www.investing.com/news/transcripts/dicks-sporting-goods-at-goldman-sachs-retail-conference-strategic-expansion-insights-93CH-4225127