Trending: Walmart Selling Outdoor Retailer Moosejaw to Dick's Sporting Goods
February 22 2023 - 2:54PM
Dow Jones News
14:24 ET -- Walmart Inc. is one of the most mentioned companies
in the U.S. across all news items in the last 12 hours, according
to Factiva data. Walmart is selling Moosejaw, an outdoor retailer
with an e-commerce platform and brick-and-mortar locations in six
states, to Dick's Sporting Goods Inc. Financial terms of the sale
weren't disclosed. Walmart acquired Moosejaw in 2017 for about $51
million. The deal with Dick's is expected to close in March.
Walmart shares are down 2.6% at $143.53 on Wednesday. Dow Jones
& Co. owns Factiva. (jennifer.tershak@wsj.com)
(END) Dow Jones Newswires
February 22, 2023 14:39 ET (19:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Walmart (NYSE:WMT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Walmart (NYSE:WMT)
Historical Stock Chart
From Jul 2023 to Jul 2024