The combined company will have a competitive edge in the Nike sneaker market and will provide Dick's access to international markets, plus a younger consumer.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day.

The company guided for flattish results in 2025, and while it guided for a 1-3% increase in comparable sales, adjusted earnings were seen largely flat between $13.80 and $14.40 per share.