Security Investigation
DICK’S Sporting Goods, Inc. (NYSE: DKS)
55 Days left to seek lead plaintiff status.
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Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until November 3, 2026 to file lead plaintiff applications in a securities class action lawsuit against DICK’S Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS).
DICK’S Sporting Goods and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 25, 2026, before market hours, the Company disclosed disappointing financial results for the second quarter of 2026, including adjusted earnings per share of $3.53, below analysts’ estimates of $3.76, and revenue of $1.73 billion from its Foot Locker business, below analysts’ estimates of $1.81 billion. The Company also reduced its full-year 2026 consolidated net sales guidance and disclosed that it now expected Foot Locker’s proforma comparable sales to range from negative 2.0% to 0.0% for the year — down from its prior forecast of 1.5% to 3% growth. In the related press release, Executive Chairman of the Board Edward W. Stack stated that conditions across portions of the athletic footwear and apparel marketplace had become “increasingly promotional,” and attributed the more significant impact at Foot Locker to its “greater exposure to legacy footwear silhouettes” and its greater dependence on launch and retro product.
On this news, the price of DICK’S Sporting Goods shares fell $55.02, or approximately 30%, to close at $124.31 on August 25, 2026, on unusually heavy trading volume.
If you purchased common stock of Dick’s as above and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at (877) 515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Plumbers & Pipefitters Local Union #295 Pension Fund v. DICK’S Sporting Goods, Inc., et al., No. 2:26-cv-01860.