NEW ORLEANS, Sept. 09, 2026 (GLOBE NEWSWIRE) -- ClaimsFiler, a FREE shareholder information service, reminds investors 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), if they purchased the Company’s common stock between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). This action is pending in the United States District Court for the Western District of Pennsylvania.
Get Help
DICK’S Sporting Goods investors should visit us at https://claimsfiler.com/cases/nyse-dks-2/ or call toll-free (833) 538-3601. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
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.
The case is Plumbers & Pipefitters Local Union #295 Pension Fund v. DICK’S Sporting Goods, Inc., et al., No. 2:26-cv-01860.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
