DICK's Sporting Goods, Inc.

Company: DICK's Sporting Goods, Inc.
Ticker: DKS
Class Action Period: September 08, 2025 – August 24, 2026

5 Days Left Lead Plaintiff Deadline: November 03, 2026

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If you suffered a loss on your DICK's Sporting Goods, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filling out this form mean you have joined any lawsuit.

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Background

On August 25, 2026, Dick's announced second quarter 2026 results, including earnings per share of $3.50, compared to earnings per share of $4.71 in the prior year quarter. The Company also reported “Proforma comps for the Foot Locker Business declined 3.6%,” and stated “[a]s the quarter progressed, conditions across portions of the athletic footwear and apparel marketplace became increasingly promotional.” As a result, the Company slashed its full year guidance, including that expected operating income guidance was cut by $255 million at the midpoint, from $1.75 billion to $1.495 billion.

On this news, Dick's shares fell as much as $53.68 or 29.93% during intraday trading on August 25, 2026.

The DICK'S Sporting Goods, Inc. securities lawsuit alleges that, throughout the class period, defendants made materially false and/or misleading statements and failed to disclose material adverse facts about DICK'S Sporting Goods, Inc.'s business, operations, and prospects. Specifically, the complaint alleges defendants failed to disclose to investors that: (1) DICK'S efforts to clean up Foot Locker's inventory were not complete, and Foot Locker remained burdened with unproductive, stagnant legacy footwear; (2) Foot Locker relied heavily on legacy footwear products that were especially vulnerable to intensifying promotional pressure across the athletic footwear industry; (3) as a result, DICK'S was significantly exposed to industry-wide excess inventory and the resulting promotional activity; (4) accordingly, DICK'S could not achieve the sales growth, margins, and profits it had touted to investors; and (5) as a result, defendants' positive statements about DICK'S Sporting Goods, Inc.'s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

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