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DKS Investors Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud LawsuitPR NewswireNEW YORK, Sept. 13, 2026NEW YORK, Sept. 13, 2026 /PRNewswi Live financial news intelligence
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2026-09-13 15:31
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DKS Investors Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud Lawsuit | FMP Stock News | |
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2026-09-13 13:05
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2026-09-13 07:08
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ROSEN, LEADING INVESTOR COUNSEL, Encourages DICK'S Sporting Goods, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DKS | FMP Stock News | |
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Original source text
NEW YORK, Sept. 13, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK’S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. SO WHAT: If you purchased DICK’S Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DICK’S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick’s cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick’s was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick’s was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants’ positive statements about Dick’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK’S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com |
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2026-09-13 13:05
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2026-09-13 07:39
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DKS Investors Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud Lawsuit | FMP Stock News | |
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Original source text
, /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK'S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. So What: If you purchased DICK'S Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the DICK'S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick's cleanup efforts concerning Foot Locker's inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick's was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick's was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants' positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK'S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A. |
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2026-09-12 05:27
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2026-09-11 23:00
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DICK'S Sporting Goods, Inc. Securities Fraud Class Action Result of Undisclosed Inventory and Promotional Exposure and Over 30% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & | FMP Stock News | |
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Original source text
DICK'S Sporting Goods, Inc. Securities Fraud Class Action Result of Undisclosed Inventory and Promotional Exposure and Over 30% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLCPR NewswireNEW YORK and NEW ORLEANS, Sept. 11, 2026 , /PRNewswire/ -- 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), 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. What You May Do 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 1-833-538-3666 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-dks/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 3, 2026. >>>CLICK HERE for more information 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. >>>To Learn More, Click HERE About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. >>>For More Information about the case, Click HERE Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-833-538-3666 1100 Poydras St., Suite 960 New Orleans, LA 70163 CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn View original content to download multimedia:https://www.prnewswire.com/news-releases/dicks-sporting-goods-inc-securities-fraud-class-action-result-of-undisclosed-inventory-and-promotional-exposure-and-over-30-stock-decline---investors-may-contact-lewis-kahn-esq-at-kahn-swick--foti-llc-302876734.html SOURCE Kahn Swick & Foti, LLC |
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2026-09-12 03:01
1d ago
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2026-09-11 21:15
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Kaplan Fox Encourages Investors of DICK's Sporting Goods, Inc. (NYSE: DKS) Who Suffered Losses to Contact the Firm Before November 3, 2026 | FMP Stock News | |
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NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK’s Sporting Goods, Inc. (“Dick’s Sporting Goods” or the “Company”) (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick’s Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the “Class Period”).CLICK HERE TO JOIN THE CASE If you are an investor in Dick’s Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. On September 8, 2025, the first day of the Class Period, Dick’s Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. (“Foot Locker”) for approximately $2.5 billion in cash and stock. The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company’s acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker’s longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry. The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick’s Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. Dick’s Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth. On this news, the price of Dick’s Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 [email protected] Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1501 Oakland, California 94612 (415) 772-4704 [email protected] Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/dicks-sporting-goods-inc-class-action-lawsuit-learn-more-now/ |
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2026-09-12 03:01
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2026-09-11 22:00
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DICK'S Sporting Goods, Inc. Securities Fraud Class Action Result of Undisclosed Inventory and Promotional Exposure and Over 30% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC | FMP Stock News | |
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Original source text
, /PRNewswire/ -- 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), 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.What You May Do 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 1-833-538-3666 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-dks/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 3, 2026. >>>CLICK HERE for more information 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. >>>To Learn More, Click HERE About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. >>>For More Information about the case, Click HERE Contact: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner [email protected] 1-833-538-3666 1100 Poydras St., Suite 960 New Orleans, LA 70163 CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn SOURCE Kahn Swick & Foti, LLC |
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2026-09-11 19:43
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2026-09-11 14:20
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Deadline Approaching: DICK's Sporting Goods, Inc. (DKS) Shareholders Who Lost Money Urged To Contact Law Offices of Howard G. Smith | FMP Stock News | |
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BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming November 3, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased DICK's Sporting Goods, Inc. (“DICK's” or the “Company”) (NYSE: DKS) securities between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN DICK'S SPORTING GOODS, INC. (DKS), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PART. |
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2026-09-11 17:17
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2026-09-11 11:00
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DKS Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in DICK'S SPORTING GOODS, INC. Securities Lawsuit - Contact Levi & Korsinsky | FMP Stock News | |
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DKS Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in DICK'S SPORTING GOODS, INC. Securities Lawsuit - Contact Levi & Korsinsky Levi & Korsinsky, LLP notifies investors in DICK'S Sporting Goods, Inc. (NYSE: DKS) that a securities class action has been filed on behalf of shareholders who purchased common stock between September 8, 2025 and August 24, 2026. Check if you might be eligible to recover your investment losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.DKS shares fell $55.02, or approximately 30%, to close at $124.31 on August 25, 2026. Foot Locker generated revenue of $1.73 billion against analyst estimates of $1.81 billion, and adjusted earnings came in at $3.53 per share versus the $3.76 consensus. The deadline to apply for lead plaintiff appointment is November 3, 2026. Initial Analyst Optimism On the August 25, 2026 earnings call, a Morgan Stanley analyst pressed management on what had changed, noting that just "90 days ago" the Company was "raising guidance and speaking very optimistically about both Dick's and Foot Locker." Analyst Coverage Timeline March 12, 2026: A Barclays analyst asked whether Foot Locker's inventory required "more work to do," and management responded that the cleanup work was behind the Company.April 8, 2026: At the J.P. Morgan Retail Round Up Forum, questioning focused on whether margins would rebound "now that the garage is cleaned out."May 27, 2026: A Truist analyst asked how the promotional environment was affecting both banners, roughly three months before guidance was reduced.August 25, 2026: Baird lowered its price target and said the disclosures reduced its "conviction materially," calling the guidance reduction a surprise given "management's bullish tone relatively recently."August 25, 2026: Baird added that the "miss and guide-down magnitude surprised us," leaving investors to debate Foot Locker's "reset timeline" and management "credibility."August 25, 2026: Barclays lowered its estimates and price target, describing the market reaction as a "significant reset of investor expectations for the athletic footwear ecosystem."Why Analyst Shifts Matter for DKS Investors The same disclosure that prompted the downgrades also cut Foot Locker's proforma comparable sales outlook to negative 2.0% to 0.0% from a prior forecast of 1.5% to 3% growth. Analysts noted the reversal came without prior warning from management. "When analyst expectations are built on incomplete or misleading company disclosures, the resulting corrections can cause significant investor harm. Here, the complaint alleges that DICK'S represented that Foot Locker's inventory and promotional problems had been resolved while the business allegedly remained dependent on stagnant legacy footwear silhouettes." -- Joseph E. Levi, Esq. Learn more about the case or call (212) 363-7500. Levi & Korsinsky, LLP — Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered. Frequently Asked Questions About the DKS Lawsuit Q: How much did DKS stock drop? A: Shares fell approximately 30%, a decline of $55.02 per share, after the Company disclosed disappointing second-quarter 2026 results, including $1.73 billion in Foot Locker revenue against $1.81 billion in analyst estimates, reduced full-year sales guidance, and a cut to Foot Locker proforma comparable sales guidance to negative 2.0% to 0.0%. Investors who purchased shares during the Class Period at artificially inflated prices and suffered losses may be eligible to seek compensation. Q: What specific misstatements does the DKS lawsuit allege? A: The complaint alleges DICK'S Sporting Goods, Inc. made materially false or misleading statements regarding the Foot Locker acquisition, including assurances that Foot Locker's inventory and promotional challenges had been resolved while the business allegedly remained dependent on stagnant legacy footwear exposed to industry-wide promotional pressure. When the second-quarter results and guidance reduction were disclosed, the stock price declined sharply. Q: When did DICK'S Sporting Goods allegedly mislead investors? A: The Class Period runs from September 8, 2025 to August 24, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline. Q: What do DKS investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member. Q: What happens after I contact Levi & Korsinsky? A: An attorney will review your trading history at no cost and provide an initial assessment of your potential eligibility. Q: What if I already sold my DKS shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval. Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further. Attorney Advertising. Prior results do not guarantee similar outcomes. View source version on businesswire.com: https://www.businesswire.com/news/home/20260911779393/en/ Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
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2026-09-11 17:17
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2026-09-11 12:00
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Bronstein, Gewirtz & Grossman LLC Urges DICK'S Sporting Goods, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 11, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. (NYSE: DKS) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired DICK'S securities between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. DICK'S Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: following Dick's acquisition of Foot Locker, the Foot Locker business was experiencing stagnant inventory; these inventory problems adversely affected the Company's ability to achieve its sales-growth and profitability targets; accordingly, the Company's business and financial prospects were materially weaker than Defendants represented; and as a result, Defendants' positive statements concerning the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.What's Next for DICK'S Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in DICK'S you have until November 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to DICK'S Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for DICK'S Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com. "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Attorney advertising. Prior results do not guarantee similar outcomes. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313253 Source: Bronstein, Gewirtz & Grossman, LLC Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-11 14:51
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2026-09-11 10:23
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DKS Shareholder Alert: Investors With Losses May Seek to Lead the Class Action in DICK'S SPORTING GOODS, INC. Securities Lawsuit - Contact Levi & Korsinsky | FMP Stock News | |
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-Wall Street cut price targets and said its "conviction materially" declined after DICK'S Sporting Goods disclosed that Foot Locker's legacy footwear exposure was pressuring sales and margins, months after management allegedly assured the market that the inventory cleanup was finished. NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP notifies investors in DICK'S Sporting Goods, Inc. (NYSE: DKS) that a securities class action has been filed on behalf of shareholders who purchased common stock between September 8, 2025 and August 24, 2026. Check if you might be eligible to recover your investment losses. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500. DKS shares fell $55.02, or approximately 30%, to close at $124.31 on August 25, 2026. Foot Locker generated revenue of $1.73 billion against analyst estimates of $1.81 billion, and adjusted earnings came in at $3.53 per share versus the $3.76 consensus. The deadline to apply for lead plaintiff appointment is November 3, 2026. Initial Analyst Optimism On the August 25, 2026 earnings call, a Morgan Stanley analyst pressed management on what had changed, noting that just "90 days ago" the Company was "raising guidance and speaking very optimistically about both Dick's and Foot Locker." Analyst Coverage Timeline March 12, 2026: A Barclays analyst asked whether Foot Locker's inventory required "more work to do," and management responded that the cleanup work was behind the Company. April 8, 2026: At the J.P. Morgan Retail Round Up Forum, questioning focused on whether margins would rebound "now that the garage is cleaned out." May 27, 2026: A Truist analyst asked how the promotional environment was affecting both banners, roughly three months before guidance was reduced. August 25, 2026: Baird lowered its price target and said the disclosures reduced its "conviction materially," calling the guidance reduction a surprise given "management's bullish tone relatively recently." August 25, 2026: Baird added that the "miss and guide-down magnitude surprised us," leaving investors to debate Foot Locker's "reset timeline" and management "credibility." August 25, 2026: Barclays lowered its estimates and price target, describing the market reaction as a "significant reset of investor expectations for the athletic footwear ecosystem." Why Analyst Shifts Matter for DKS Investors The same disclosure that prompted the downgrades also cut Foot Locker's proforma comparable sales outlook to negative 2.0% to 0.0% from a prior forecast of 1.5% to 3% growth. Analysts noted the reversal came without prior warning from management. "When analyst expectations are built on incomplete or misleading company disclosures, the resulting corrections can cause significant investor harm. Here, the complaint alleges that DICK'S represented that Foot Locker's inventory and promotional problems had been resolved while the business allegedly remained dependent on stagnant legacy footwear silhouettes." -- Joseph E. Levi, Esq. Learn more about the case or call (212) 363-7500. Levi & Korsinsky, LLP — Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered. Frequently Asked Questions About the DKS Lawsuit Q: How much did DKS stock drop? A: Shares fell approximately 30%, a decline of $55.02 per share, after the Company disclosed disappointing second-quarter 2026 results, including $1.73 billion in Foot Locker revenue against $1.81 billion in analyst estimates, reduced full-year sales guidance, and a cut to Foot Locker proforma comparable sales guidance to negative 2.0% to 0.0%. Investors who purchased shares during the Class Period at artificially inflated prices and suffered losses may be eligible to seek compensation. Q: What specific misstatements does the DKS lawsuit allege? A: The complaint alleges DICK'S Sporting Goods, Inc. made materially false or misleading statements regarding the Foot Locker acquisition, including assurances that Foot Locker's inventory and promotional challenges had been resolved while the business allegedly remained dependent on stagnant legacy footwear exposed to industry-wide promotional pressure. When the second-quarter results and guidance reduction were disclosed, the stock price declined sharply. Q: When did DICK'S Sporting Goods allegedly mislead investors? A: The Class Period runs from September 8, 2025 to August 24, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline. Q: What do DKS investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member. Q: What happens after I contact Levi & Korsinsky? A: An attorney will review your trading history at no cost and provide an initial assessment of your potential eligibility. Q: What if I already sold my DKS shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in the securities class action, they are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval. Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further. Attorney Advertising. Prior results do not guarantee similar outcomes. More News From Levi & Korsinsky, LLP Back to Newsroom |
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2026-09-11 09:59
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2026-09-11 03:51
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New Strong Sell Stocks for September 11th | FMP Stock News | |
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Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:DICK'S Sporting Goods (DKS - Free Report) operates as an omni-channel sporting goods retailer, offering athletic shoes, apparel, accessories and a broad selection of outdoor and athletic equipment for team sports, fitness, camping, fishing, tennis, golf, water sports, etc.The Zacks Consensus Estimate for its current year earnings has been revised 17.8% downward over the last 60 days. AngloGold Ashanti PLC (AU - Free Report) operates as a gold mining company in Africa, the Americas, and Australia. The Zacks Consensus Estimate for its current year earnings has been revised almost 8.6% downward over the last 60 days. Centerspace (CSR - Free Report) is a real estate development company, which is focused on the ownership, management, acquisitions, redevelopment and development of apartment communities. The Zacks Consensus Estimate for its current year earnings has been revised almost 6.2% downward over the last 60 days. View the entire Zacks Rank #5 List. |
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2026-09-11 00:15
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2026-09-10 19:14
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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages DICK'S Sporting Goods, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DKS | FMP Stock News | |
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NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK’S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. SO WHAT: If you purchased DICK’S Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DICK’S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick’s cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick’s was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick’s was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants’ positive statements about Dick’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK’S Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com |
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2026-09-11 00:15
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2026-09-10 20:00
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Kaplan Fox Encourages DICK's Sporting Goods, Inc. (DKS) Investors with Significant Losses to Contact the Firm Before November 3, 2026 | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 10, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK's Sporting Goods, Inc. ("Dick's Sporting Goods" or the "Company") (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick's Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the "Class Period").CLICK HERE TO JOIN THE CASE If you are an investor in Dick's Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. On September 8, 2025, the first day of the Class Period, Dick's Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. ("Foot Locker") for approximately $2.5 billion in cash and stock. The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company's acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker's longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry. The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick's Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts' estimates of $1.81 billion. Dick's Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker's proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year-down from Dick's prior forecast of 1.5% to 3% growth. On this news, the price of Dick's Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/dicks-sporting-goods-inc-class-action-lawsuit-learn-more-now/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313915 Source: Kaplan Fox & Kilsheimer LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-10 21:50
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2026-09-10 17:01
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DKS Class Action Notice: Robbins LLP Reminds Investors of the Lead Plaintiff Deadline in the Dick's Sporting Goods, Inc. Class Action Lawsuit | FMP Stock News | |
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SAN DIEGO, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired Dick's Sporting Goods, Inc. (NYSE: DKS) common stock between September 8, 2025 and August 24, 2026, inclusive (the "Class Period"). Dick’s is the largest sporting goods retailer in the United States, offering sports equipment, footwear, and accessories, among other products.The complaint alleges that defendants misled investors regarding Dick's growth and profitability in light of the integration of recently acquired Foot Locker. Investors who suffered significant losses during the Class Period may be eligible to participate in the lawsuit and should contact Robbins LLP before the November 3, 2026, lead plaintiff deadline. Listen to our podcast. Why Was Dick's Sued? According to the complaint, defendants misled investors regarding the Company’s acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker’s longstanding inventory and promotional challenges had been resolved. In reality, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry. As a result, Dick’s was never positioned to deliver the sales growth and profitability from the Foot Locker acquisition that it had touted to investors. Plaintiff alleges that during the class period, defendants failed to disclose that: (1) Dick’s cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick’s was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick’s was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result, defendants’ positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. Why Did DKS Stock Drop? Plaintiff alleges that on August 25, 2026, Dick’s reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. Dick’s also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth. In the related press release, Dick’s Executive Chairman of the Board of Directors Edward W. Stack revealed that the athletic footwear marketplace had become “increasingly promotional,” which significantly impacted the Foot Locker business because of its “greater exposure to legacy footwear” and “dependence on footwear launch and retro product.” On this news, the price of Dick’s common stock fell $55.02 per share, or approximately 30%, to a closing price $124.31 per share on August 25, 2026. Who May Be Eligible to Participate in the Dick's Class Action? The lawsuit seeks to represent investors who purchased or otherwise acquired Dick's Sporting Goods, Inc. common stock between September 8, 2025 and August 24, 2026. Investors who suffered losses during that period may have legal rights under the federal securities laws. What Is a Lead Plaintiff? The lead plaintiff is a court-appointed investor who represents the interests of all class members throughout the litigation. Serving as lead plaintiff is not required to share in any potential recovery. Investors who do not seek appointment may remain absent class members if the case proceeds and later resolves successfully. Shareholders who wish to lead the case should contact Robbins LLP before the November 3, 2026, lead plaintiff deadline. Does It cost anything to participate? No. Robbins LLP represents investors on a contingency fee basis. Contact Robbins LLP Investors seeking additional information about the Dick's Sporting Goods, Inc. securities class action may contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003. About Robbins LLP A recognized leader in shareholder rights litigation, Robbins LLP represents investors in securities fraud and shareholder derivative litigation. We have helped restore more than $1 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history. "Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP. To be notified if a class action against Dick's Sporting Goods, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. |
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2026-09-10 16:57
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2026-09-10 10:30
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DICK'S SPORTING GOODS, INC. INVESTORS WITH LOSSES HAVE UNTIL NOVEMBER 3, 2026 TO JOIN SECURITIES CLASS ACTION – Bernstein Liebhard LLP Announces Deadline | FMP Stock News | |
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NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds DICK’S Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS) of the November 3, 2026 deadline involving a securities fraud class action lawsuit commenced against the Company.Should You Join The Dick’s Class Action Lawsuit: Do you, or did you, own shares of DICK’S Sporting Goods, Inc. (NYSE: DKS)?Did you purchase your shares between September 8, 2025 and August 24, 2026, inclusive?Did you lose money in your investment in DICK’S Sporting Goods, Inc.? Investors are encouraged to act promptly and submit a form at DICK’S Sporting Goods, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected]. If you wish to serve as lead plaintiff for the Class, you must file papers by November 3, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About The Lawsuit: A lawsuit was filed on behalf of investors (the “Class”) who purchased or acquired the common stock of Dick’s between September 8, 2025 and August 24, 2026, inclusive, alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers. The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Dick’s common stock traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses. About Bernstein Liebhard: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years. ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information: Peter Allocco Investor Relations Manager Bernstein Liebhard LLP https://www.bernlieb.com (212) 951-2030 [email protected] |
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2026-09-10 16:57
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2026-09-10 12:00
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Bronstein, Gewirtz & Grossman LLC Urges DICK'S Sporting Goods, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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Original source text
New York, New York--(Newsfile Corp. - September 10, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. (NYSE: DKS) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired DICK'S securities between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. DICK'S Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: following Dick's acquisition of Foot Locker, the Foot Locker business was experiencing stagnant inventory; these inventory problems adversely affected the Company's ability to achieve its sales-growth and profitability targets; accordingly, the Company's business and financial prospects were materially weaker than Defendants represented; and as a result, Defendants' positive statements concerning the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.What's Next for DICK'S Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in DICK'S you have until November 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to DICK'S Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for DICK'S Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com. "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Attorney advertising. Prior results do not guarantee similar outcomes. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313252 Source: Bronstein, Gewirtz & Grossman, LLC Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-10 16:57
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2026-09-10 12:00
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Bronstein, Gewirtz & Grossman LLC Urges DICK'S Sporting Goods, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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, /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. (NYSE: DKS) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired DICK'S securities between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. DICK'S Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: following Dick's acquisition of Foot Locker, the Foot Locker business was experiencing stagnant inventory; these inventory problems adversely affected the Company's ability to achieve its sales-growth and profitability targets; accordingly, the Company's business and financial prospects were materially weaker than Defendants represented; and as a result, Defendants' positive statements concerning the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis. What's Next for DICK'S Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in DICK'S you have until November 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to DICK'S Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for DICK'S Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Contact Info Peretz Bronstein, Esq. or Nathan Miller Bronstein, Gewirtz & Grossman, LLC 917-590-0911 | [email protected] Attorney advertising. Prior results do not guarantee similar outcomes. SOURCE Bronstein, Gewirtz & Grossman, LLC |
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2026-09-10 16:57
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2026-09-10 12:00
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Deadline Soon: DICK's Sporting Goods, Inc. (DKS) Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit | FMP Stock News | |
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LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 3, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired DICK's Sporting Goods, Inc. (“DICK's” or the “Company”) (NASDAQ: DKS) securities between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON DICK'S SPORTING GOODS, INC. (DKS), CLICK HERE TO PART. |
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2026-09-10 14:29
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2026-09-10 09:50
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Portnoy Law Firm Announces Class Action on Behalf of DICK's Sporting Goods, Inc. Investors | FMP Stock News | |
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LOS ANGELES, Sept. 10, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises DICK’s Sporting Goods, Inc., (“DICK’s Sporting Goods” or the "Company") (NYSE: DKS) investors of a class action on behalf of investors that bought securities between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). DICK’s Sporting Goods investors have until November 3, 2026 to file a lead plaintiff motion.Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/dicks-sporting-goods. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. Dick’s Sporting Goods, together with its subsidiaries, operates as an omni-channel sporting goods retailer. On September 8, 2025, Dick’s Sporting Goods allegedly announced the completion of its acquisition of Foot Locker, Inc. for approximately $2.5 billion in cash and stock. The Dick’s Sporting Goods class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) Dick’s Sporting Goods’ cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (ii) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (iii) in turn, Dick’s Sporting Goods was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (iv) accordingly, Dick’s Sporting Goods was unable to achieve the sales growth, margins, and profits it touted to investors; and (v) as a result, defendants’ positive statements about Dick’s Sporting Goods’ business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. On August 25, 2026, before the markets opened, Dick’s Sporting Goods allegedly reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. The complaint alleges that Dick’s Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year – down from Dick’s Sporting Goods’ prior forecast of 1.5% to 3% growth. The Dick’s Sporting Goods class action lawsuit further alleges that in a related press release, Dick’s Sporting Goods’ Executive Chairman of the Board of Directors, Edward W. Stack, revealed that the athletic footwear marketplace had become “increasingly promotional,” which significantly impacted the Foot Locker business because of its “greater exposure to legacy footwear” and “dependence on footwear launch and retro product.” On this news, the price of Dick’s Sporting Goods common stock fell approximately 30%, according to the complaint. The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes. Lesley F. Portnoy, Esq. Admitted CA, NY and TX Bar [email protected] 310-692-8883 www.portnoylaw.com Attorney Advertising |
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2026-09-10 14:29
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2026-09-10 10:10
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DKS Shareholder Alert: November 3, 2026 Lead Plaintiff Deadline in DICK'S SPORTING GOODS, INC. Securities Class Action - Contact SueWallSt | FMP Stock News | |
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A securities class action traces a twelve-month sequence of DICK'S Sporting Goods statements about the Foot Locker integration, from the September 2025 deal close to the August 2026 guidance cut that preceded a $55.02 per-share decline., /PRNewswire/ -- SueWallSt notifies investors in DICK'S Sporting Goods, Inc. (NYSE: DKS) that a class action has been filed on behalf of shareholders who purchased securities between September 8, 2025 and August 24, 2026. See if you could be eligible to recover. You may also contact Joseph E. Levi, Esq. at [email protected] or (888) SueWallSt. DKS shares closed at $124.31 on August 25, 2026, after falling $55.02 per share, approximately 30%, in a single session. Investors have until November 3, 2026 to seek lead plaintiff status. Chronology of Material Events Between the closing of the $2.5 billion Foot Locker transaction and the second-quarter 2026 earnings release, the filing states, defendants delivered a sequence of confident representations about the acquired chain's inventory position and margin trajectory. Timeline of Alleged Disclosure Failures September 8, 2025: The Company announced completion of the $2.5 billion Foot Locker acquisition and stated it was "now positioned to become a global leader in the sports retail industry at the intersection of sport and culture." November 25, 2025: On the third-quarter call, management described its first priority as clearing unproductive inventory and rightsizing underperforming stores, targeting an inflection point by back-to-school 2026. April 8, 2026: At a retail investor forum, management told analysts to expect margin rate expansion at Foot Locker as part of returning that business to profitability. May 27, 2026: Asked about promotional conditions on the first-quarter 2026 call, management said there was "nothing on the horizon that we're particularly concerned about." August 25, 2026: Second-quarter results showed Foot Locker revenue of $1.73 billion against estimates of $1.81 billion and adjusted EPS of $3.53 against estimates of $3.76. Full-year consolidated net sales guidance was cut to $21.9 billion to $22.2 billion from $22.1 billion to $22.4 billion, and Foot Locker proforma comparable sales guidance was cut to negative 2.0% to 0.0% from prior growth of 1.5% to 3%. The Ninety-Day Reversal Roughly ninety days separated the May reassurance from the August guidance reduction, as set forth in the complaint. The Company reported that marketplace conditions had become "increasingly promotional" and that the impact was more significant at Foot Locker because of its greater exposure to legacy footwear silhouettes. Baird described the guidance reduction as a surprise given management's "bullish tone relatively recently." "Timely disclosure of material developments is fundamental to fair and efficient markets. The compressed interval between the Company's reassurances in May 2026 and its guidance reduction in August raises questions for investors." -- Joseph E. Levi, Esq. Calculate your potential recovery or call (888) SueWallSt. WHY SUEWALLST: SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Frequently Asked Questions About the DKS Lawsuit Q: What specific misstatements does the DKS lawsuit allege? A: The complaint alleges DICK'S Sporting Goods, Inc. made materially false or misleading statements regarding the Foot Locker acquisition, including assurances that Foot Locker's inventory and promotional challenges had been resolved when the business allegedly remained dependent on stagnant legacy footwear, during the Class Period. When the Company reported second-quarter 2026 results showing Foot Locker revenue of $1.73 billion and cut full-year guidance, the stock price declined sharply. Q: When did DICK'S Sporting Goods, Inc. allegedly mislead investors? A: The Class Period runs from September 8, 2025 to August 24, 2026. The complaint alleges that corrective disclosures revealed information that caused a significant stock decline. Q: What court was the DKS class action filed in? A: The case was filed in the United States District Court for the Western District of Pennsylvania, governed by the Private Securities Litigation Reform Act of 1995. Q: What do DKS investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible as an absent class member. Q: What documents do I need to to submit my information? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices. Q: What if I already sold my DKS shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought during the Class Period and sold at a loss may still be eligible to participate. Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. If there is a settlement or recovery, eligible class members generally submit a claim form to seek their portion. Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution. Timing depends on the court schedule, case developments, and whether the matter is dismissed, settled, or litigated further. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 33 Whitehall Street, 27th Floor New York, NY 10004 [email protected] Tel: (888) SueWallSt Fax: (212) 363-7171 Attorney Advertising. Prior results do not guarantee similar outcomes. SOURCE SueWallSt.com |
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2026-09-10 04:45
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2026-09-09 22:46
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DICK'S Sporting Goods Shareholder Alert: ClaimsFiler Reminds Investors With Losses In Excess Of $100,000 Of Lead Plaintiff Deadline In Class Action Lawsuit Against DICK'S Sporting Goods, Inc. - DKS | FMP Stock News | |
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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. |
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2026-09-10 04:45
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2026-09-09 23:21
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Kaplan Fox & Kilsheimer LLP Alerts DICK's Sporting Goods, Inc. (NYSE: DKS) Investors to a Securities Class Action Deadline on November 3, 2026 | FMP Stock News | |
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NEW YORK, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK’s Sporting Goods, Inc. (“Dick’s Sporting Goods” or the “Company”) (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick’s Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the “Class Period”).CLICK HERE TO JOIN THE CASE If you are an investor in Dick’s Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. On September 8, 2025, the first day of the Class Period, Dick’s Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. (“Foot Locker”) for approximately $2.5 billion in cash and stock. The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company’s acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker’s longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry. The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick’s Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. Dick’s Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth. On this news, the price of Dick’s Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: CONTACT: Pamela A. Mayer KAPLAN FOX & KILSHEIMER LLP 800 Third Avenue, 38th Floor New York, New York 10022 (646) 315-9003 [email protected] Laurence D. King KAPLAN FOX & KILSHEIMER LLP 1999 Harrison Street, Suite 1501 Oakland, California 94612 (415) 772-4704 [email protected] Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/dicks-sporting-goods-inc-class-action-lawsuit-learn-more-now/ |
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2026-09-09 23:53
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2026-09-09 19:45
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Kaplan Fox & Kilsheimer LLP Alerts DICK's Sporting Goods, Inc. (DKS) Investors to a Securities Class Action Deadline on November 3, 2026 | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 9, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against DICK's Sporting Goods, Inc. ("Dick's Sporting Goods" or the "Company") (NYSE: DKS) on behalf of investors that purchased or otherwise acquired Dick's Sporting Goods common stock between September 8, 2025 and August 24, 2026 (the "Class Period").CLICK HERE TO JOIN THE CASE If you are an investor in Dick's Sporting Goods and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than November 3, 2026 to serve as a lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery. On September 8, 2025, the first day of the Class Period, Dick's Sporting Goods announced the completion of its acquisition of Foot Locker, Inc. ("Foot Locker") for approximately $2.5 billion in cash and stock. The complaint alleges that throughout the Class Period, Defendants misled investors regarding the Company's acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker's longstanding inventory and promotional challenges had been resolved. In reality, according to the complaint, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry. The truth was allegedly revealed to investors before markets opened on August 25, 2026, when Dick's Sporting Goods reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts' estimates of $1.81 billion. Dick's Sporting Goods also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker's proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year-down from Dick's prior forecast of 1.5% to 3% growth. On this news, the price of Dick's Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this Notice, your rights, or your interests, please contact: Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/dicks-sporting-goods-inc-class-action-lawsuit-learn-more-now/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313729 Source: Kaplan Fox & Kilsheimer LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-09 19:00
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2026-09-09 14:39
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ROSEN, A LEADING NATIONAL FIRM, Encourages DICK'S Sporting Goods, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DKS | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 9, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK'S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026.SO WHAT: If you purchased DICK's Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DICK's Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick's cleanup efforts concerning Foot Locker's inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick's was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick's was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants' positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK's Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313689 Source: The Rosen Law Firm PA Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-09 16:33
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2026-09-09 11:00
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Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm Encourages DICK's Sporting Goods, Inc. (DKS) Shareholders To Inquire About Securities Fraud Class Action | FMP Stock News | |
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LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired DICK’s Sporting Goods, Inc. (“DICK’s” or the “Company”) (NASDAQ: DKS) securities between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). DICK’s Sporting Goods, Inc. investors have until November 3, 2026 to file a lead plaintiff motion.IF YOU SUFFERED A LOSS ON YOUR DICK’S SPORTING GOODS, INC. (DKS) INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS What Happened? On August 25, 2026, Dick’s reported second-quarter 2026 results, including revenue of $1.73 billion from Foot Locker, falling well short of analysts’ estimates of $1.81 billion. Additionally, Dick’s reduced its net sales guidance for full-year 2026 to a range between $21.9 billion to $22.2 billion (down from $22.1 billion to $22.4 billion), and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth. In the related press release, Dick’s Executive Chairman of the Board of Directors Edward W. Stack disclosed that the athletic footwear marketplace had become “increasingly promotional,” which significantly impacted the Foot Locker business because of its “greater exposure to legacy footwear” and “dependence on footwear launch and retro product.” On this news, Dick’s Sporting Goods, Inc. stock price fell $55.02 or 30.68%, to close at $124.31 on August 25, 2026, thereby injuring investors. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Dicks cleanup efforts concerning Foot Lockers inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dicks was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dicks was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, Defendants positive statements about the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired DICK’s Sporting Goods, Inc. securities between September 8, 2025 and August 24, 2026, you may move the Court no later than November 3, 2026 to request appointment as lead plaintiff in this putative class action lawsuit. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Charles Linehan, Esq., Glancy Prongay Wolke & Rotter LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: [email protected] Telephone: 310-201-9150, Toll-Free: 888-773-9224 Visit our website at www.glancylaw.com. Follow us for updates on LinkedIn, Twitter, or Facebook. If you inquire by email, please include your mailing address, telephone number and number of shares purchased. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. |
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2026-09-09 16:33
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2026-09-09 12:00
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Bronstein, Gewirtz & Grossman LLC Urges DICK'S Sporting Goods, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 9, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. (NYSE: DKS) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired DICK'S securities between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. DICK'S Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: following Dick's acquisition of Foot Locker, the Foot Locker business was experiencing stagnant inventory; these inventory problems adversely affected the Company's ability to achieve its sales-growth and profitability targets; accordingly, the Company's business and financial prospects were materially weaker than Defendants represented; and as a result, Defendants' positive statements concerning the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.What's Next for DICK'S Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in DICK'S you have until November 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to DICK'S Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for DICK'S Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com. "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Attorney advertising. Prior results do not guarantee similar outcomes. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313251 Source: Bronstein, Gewirtz & Grossman, LLC Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-09 12:06
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Law Offices of Frank R. Cruz Encourages DICK's Sporting Goods, Inc. (DKS) Shareholders To Inquire About Securities Fraud Class Action | FMP Stock News | |
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LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages DICK's Sporting Goods, Inc. (DKS) Shareholders To Inquire About Securities Fraud Class Action. |
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DKS Investors Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud Lawsuit with SBS Law | FMP Stock News | |
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LOS ANGELES, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DICK'S Sporting Goods, Inc. (“Dick’s” or “the Company”) (NYSE: DKS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of DKS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: September 8, 2025 to August 24, 2026 DEADLINE: November 3, 2026 If you are a shareholder who suffered a loss, click here to participate. CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Dick’s suffered from stagnant inventory in its Foot Locker division after acquiring the chain. The Company failed to achieve its sales growth and profitability targets due to its inventory problems. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Dick’s, investors suffered damages. We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. Join the case to recover your losses WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: Schall, Brown & Schwartz LLP Brian Schall, Esq., Andrew Brown, Esq., David Schwartz, Esq., www.schallfirm.com Office: 310-301-3335 [email protected] SOURCE: Schall, Brown & Schwartz LLP |
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Bronstein, Gewirtz & Grossman LLC Urges DICK'S Sporting Goods, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 8, 2026) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. (NYSE: DKS) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired DICK'S securities between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. DICK'S Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: following Dick's acquisition of Foot Locker, the Foot Locker business was experiencing stagnant inventory; these inventory problems adversely affected the Company's ability to achieve its sales-growth and profitability targets; accordingly, the Company's business and financial prospects were materially weaker than Defendants represented; and as a result, Defendants' positive statements concerning the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis.What's Next for DICK'S Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit, or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in DICK'S you have until November 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to DICK'S Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for DICK'S Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com. "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Attorney advertising. Prior results do not guarantee similar outcomes. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313250 Source: Bronstein, Gewirtz & Grossman, LLC Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-09 08:55
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2026-09-08 12:13
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DICK'S Sporting Goods, Inc. Securities Fraud Class Action Result of Undisclosed Inventory and Promotional Exposure and Over 30% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC | FMP Stock News | |
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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--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), if they purchased the Company's common stock between September 8, 2025 and August 24, 2026, inclusive (the “Class Peri. |
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2026-09-09 08:55
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2026-09-08 13:00
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DICK'S Sporting Goods, Inc. Securities Fraud Class Action Result of Undisclosed Inventory and Promotional Exposure and Over 30% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & | FMP Stock News | |
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DICK'S Sporting Goods, Inc. Securities Fraud Class Action Result of Undisclosed Inventory and Promotional Exposure and Over 30% Stock Decline - Investors may Contact Lewis Kahn, Esq., at Kahn Swick & 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), 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.What You May Do 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 1-833-538-3615 or via email ([email protected]), or visit https://www.ksfcounsel.com/cases/nyse-dks/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 3, 2026. >>>CLICK HERE for more information 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. >>>To Learn More, Click HERE About Kahn Swick & Foti, LLC KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg. TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services To learn more about KSF, you may visit www.ksfcounsel.com. >>>For More Information about the case, Click HERE CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn View source version on businesswire.com: https://www.businesswire.com/news/home/20260908352811/en/ Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
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2026-09-09 08:55
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2026-09-08 13:36
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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages DICK'S Sporting Goods, Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - DKS | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK'S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026.SO WHAT: If you purchased DICK's Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DICK's Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick's cleanup efforts concerning Foot Locker's inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick's was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick's was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants' positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK's Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313399 Source: The Rosen Law Firm PA Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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2026-09-09 08:55
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2026-09-08 13:44
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DICK'S SPORTING GOODS, INC. (DKS) INVESTOR ALERT Investors With Large Losses in DICK'S Sporting Goods, Inc. Should Contact Bernstein Liebhard LLP To Discuss Their Rights | FMP Stock News | |
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NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP announces that a shareholder has filed a securities class action lawsuit on behalf of investors (the “Class”) who purchased or acquired the common stock of DICK’S Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS) between September 8, 2025 and August 24, 2026, inclusive.What To Do Next: Investors are encouraged to act promptly and submit a form at DICK’S Sporting Goods, Inc. Shareholder Class Action Lawsuit or contact Investor Relations Manager Peter Allocco at (212) 951-2030 or [email protected]. If you wish to serve as lead plaintiff for the Class, you must file papers by November 3, 2026. A lead plaintiff is a representative party acting on other class members’ behalf in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About The Lawsuit: The lawsuit alleges that defendants made materially false and misleading statements and omissions regarding the Company’s business operations, growth prospects, and financial stability. As a result of these alleged misrepresentations, Dick’s common stock traded at artificially inflated prices during the Class Period. When the truth was disclosed, investors allegedly suffered significant losses. About Bernstein Liebhard: Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for sixteen consecutive years. ATTORNEY ADVERTISING. © 2026 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter. Contact Information: Peter Allocco Investor Relations Manager Bernstein Liebhard LLP https://www.bernlieb.com (212) 951-2030 [email protected] |
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2026-09-09 08:55
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2026-09-08 14:38
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Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against DICK'S Sporting Goods, Inc. (DKS) | FMP Stock News | |
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NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Western District of Pennsylvania on behalf of all persons or entities who purchased or otherwise acquired DICK’S Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS) securities between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”).The Complaint alleges that Defendants misled investors regarding the Company’s acquisition of Foot Locker, touting the acquisition as a strategic opportunity to drive growth and profitability while assuring investors that Foot Locker’s longstanding inventory and promotional challenges had been resolved. The Complaint alleges that in reality, those problems persisted, as Foot Locker remained heavily dependent on legacy footwear products that were exposed to intensifying promotional pressures across the athletic footwear industry. The Complaint alleges that as a result, Dick’s was never positioned to deliver the sales growth and profitability from the Foot Locker acquisition that it had touted to investors. The Complaint further alleges that truth was revealed to investors before markets opened on August 25, 2026, when Dick’s reported disappointing second-quarter 2026 results, which included revenue of $1.73 billion from Foot Locker that fell well short of analysts’ estimates of $1.81 billion. The Complaint alleges that Dick’s also reduced its net sales guidance for full-year 2026 and disclosed that it expected Foot Locker’s proforma comparable sales to yield a range of negative 2.0% to 0.0% for the year—down from Dick’s prior forecast of 1.5% to 3% growth. Investors who purchased or otherwise acquired shares of Dick’s should contact the Firm prior to the November 3, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected]. Please visit our website at http://www.gme-law.com for more information about the firm. |
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2026-09-09 08:55
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2026-09-08 16:14
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DKS Investors with Losses in Excess of $100K Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud Lawsuit | FMP Stock News | |
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, /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK'S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. So What: If you purchased DICK's Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the DICK's Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick's cleanup efforts concerning Foot Locker's inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick's was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick's was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants' positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK's Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A. |
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Dick's Sporting Goods Has a Foot Locker Problem | FMP Stock News | |
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In this episode of Motley Fool Hidden Gems Investing, Motley Fool contributors Tyler Crowe, Rachel Warren, and Matt Frankel discuss:Dick's Sporting Goods earnings and guidance cut.Was it "geopolitical concerns" or just Foot Locker?The woes of Walker & Dunlop.CVS Health's turnaround candidacy.Is UPS a value or a value trap?To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. When you're ready to invest, check out this top 10 list of stocks to buy. A full transcript is below. This podcast was recorded on Aug. 25, 2026. Tyler Crowe: Dick’s Sporting Goods stock has a case of athletes' food. Motley Fool Hidden Gems Investing starts now. Welcome to Motley Fool Hidden Gems Investing. I'm your host, Tyler Crowe. Today, I'm joined by longtime Fool contributors Rachel Warren and Matt Frankel. Guys, the earnings season has been winding down a little bit. I'm looking for stories earlier today, though the news was looking a little thin, and then Dick’s Sporting Goods reported earnings. Based on the stock reaction, we had to talk about it. Shares of Dick’s Sporting Goods stock is down about 27% as we're taping right now after the company reported earnings and updated guidance. Now, like most investors, I would assume this means the news was bad, but we've seen a lot of companies post decent results this quarter, only see their shares take it on the chin in ensuing market reaction. Rachel, is that the case here? Give us a rundown of what happened and what were you guys' thoughts and reactions to what Dick’s Sporting Goods had to say here? Rachel Warren: There was actually some concerning numbers that came in, and it's interesting to chat about. We don't spend a ton of time focusing on retail here on this show. Dick’s actually missed on both the top and bottom wines for the quarter. They had adjusted earnings per share come in at $3.53. Wall Street was looking for $3.76. Revenue dragged a bit, just under 6 billion. Wall Street was looking for a little bit more than that. A lot of this is going back to the Foot Locker business. Dick’s Sporting Goods acquired last year. That's the primary culprit behind this drag and it's interesting because you have the core Dick’s namesake stores. They posted a roughly 5% comparable sales increase. Foot Locker stores actually saw comps slide 3.6%, and you had management saying that they had fewer high profile shoe launches. It's an increasingly competitive discounted market that's actually forcing them to cut prices to protect their market share. the other thing that's interesting here is this is also tied to the broader what's called the Nike ripple effect. We saw management essentially call out a lack of high-profile sneaker launches. They're pointing upstream to major partners who are, stuck in a creative lull, if you will. You got to bear in mind, Foot Locker has historically relied on these legacy silhouettes, retro launches. Dick’s is really feeling the pain first when consumer hype slows down. Another key number, total inventory, surged 63% year over year. Now, obviously, they're still absorbing the Foot Locker acquisition, but they're carrying a lot of inventory, probably looking for a lot of clearances and sales, and promotions which, great for consumers, not great for the business, not great for investors, and to top it all off, Dick’s slashed its full-year earnings guidance considerably. Really not a great readout for this business. Matt Frankel: The numbers weren't great, but, you're right. To me, the sharp decline, it's almost as much as what management said. Not just the numbers. The CEO called out the increasingly promotional athletic footwear and apparel market, said that conditions deteriorated as the quarter progressed, which is something you really don't like hearing from management. Also said Foot Locker has a lot of exposure directly to the categories getting discounted the most. Just a couple of things to point out here. Dick’s stock was down 10% year to date going into this. Now it's really underperforming. It's clearly a cyclical problem in the footwear space. I mean, if you look at Nike, Under Armour, even Academy Sports, which is I would call their closest direct comparison and On Holdings, they're all underperforming too. Dick’s has a large buyback authorization, is one of the key things I read in the Earnings report, $3 billion. I'm curious to see if they accelerate their repurchases to send the market a signal here. Tyler Crowe: One of my favorite things in these conference calls every once in a while is the management word salad that we get of trying to explain why all this happened. One of the best ones I think I saw in this conference call was they mentioned geopolitical troubles, which apparently is affecting shoe sales. Look, some things are believable, but I don't know if closure of the Strait of Hormuz is exactly affecting how many people are buying Nikes before and after the World Cup here. Maybe, but the thing that really pointed it stuck out to me and Rachel, you mentioned it here too, was Foot Locker specifically. This was an acquisition that Dick’s took I don't want to say took a flyer on, that would be a little too flippant, but this was slightly different than what they have normally been doing. Like you said, it's a little bit more fashion trend, very dependent on releases of signatures shoes and stuff like that. It's still I would call it indigestion of the acquisition. Was this acquisition a mistake in your guys' opinion or maybe is it a little too soon to call it that? Matt Frankel: I'd say it's too soon to call it a mistake, but it's not too soon to say that it's definitely going poorly. Those aren't the same thing. Dick’s cut their full-year earnings guidance, as Rachel mentioned by 18%, and it's almost entirely because of Foot Locker. It's in a deteriorating environment. For the entire footwear industry, as I said, it's not just a Foot Locker problem. This was a turnaround acquisition. You can't judge that after just four quarters. The company's making the right moves. They closed 110 stores in Year 1 after the acquisition. They bought a cyclical turnaround play, and the cycle immediately went against them. It's too soon to tell if it's ultimately going to be a good move long term, but it's not going well. Rachel Warren: That's definitely the case. To put some numbers to that as well, the slashing of their full-year guidance, they were originally looking for full-year earnings per share between $13.27 and 14.27. Now they're looking for 10.94 to $11.94 on the high end. Significant downgrade there. I agree with Matt. I don't necessarily think that we can see the final story from where we're at now. But it's interesting to see. I think that Dick’s acquired Foot Locker with the idea of tapping into that younger consumer demographic, looking to revitalize the core business. What's interesting as well, is Dick's has historically been a bit more of a retail darling that managed economic headwinds better than its peers, and I think what we're seeing today, it isn't a reaction to a single bad quarter. I think there seems to be this broader concern, maybe a realization that integrating this foot logger acquisition is going to be a much costlier, slower, and maybe more margin-degrading endeavor than initially promised. I know we've talked a bit about the K-shaped consumer reality on the show before. It's something that's interesting to look at with this business. I don't want to read into the tea leaves too much, but you saw that Dick’s business grow 5%. We're seeing mid to high-end suburban consumers still walking in and buying that premium gear, but a lot of the younger demographic that traditionally we shop at Foot Locker is really getting tapped out by inflation, and I do think that we have to also look at that as a factor here. Tyler Crowe: Well, I certainly a much more logical conclusion than saying that geopolitical concerns is keeping people from buying their premium athletic wear. I buy your case a little bit more than what management was saying there. Coming up after the break, it's still earning season, so we're going to dip into a couple of earnings that may have slipped through the crack this past quarter. I was reading the Wall Street Journal this morning, and one of the, lead stories was on Crocs. I felt like that scene in Star Wars, where it's oh, that's a name I haven't heard in a very long time. I was actually interesting. They were talking taking the opposite approach of Dick’s Sporting Goods, where it's like, we're going to hold back some of our production and clear some inventory. We're going to take it down the chin now. But it's a strategy that worked out pretty well, and the stock is benefiting a lot from it. That hey, this is a company we haven't discussed in a while. It was an interesting story. I want to take that a little bit step further. We're coming to the end of earning season here. We've got Nvidia tomorrow, which we're definitely going to cover, but there's certainly not as many coming to the fore right now. With this quarter coming to the close, I wanted to give you guys an opportunity to maybe highlight a company that may have fallen through the cracks when we were trying to cover stuff with earnings that we didn't get to, but you're like, I really liked or maybe you didn't like what you saw. Matt, I want to start with you. You said you wanted to talk about Walker & Dunlop demo. Matt Frankel: I feel like I hear Crocs more than you do because that's all my son will wear. They're not yesterday's shoe by any means. But I wanted to call out Walker and Dunlop Eval. It's a stock I've owned in my portfolio for a while, and I feel like it didn't get enough attention or at least the right attention after its earnings report. The headline numbers were ugly and understandably, that's what the market fixated on. Earnings were down sharply year over year. The company had $23 million in charges tied to loan repurchases from a fraud investigation. There was a $21 million credit loss provision, but below the surface, there was a lot to like. You and I have repeated the same thing about not just Walker Dunlop, but a lot of these real estate companies; they just need the real estate market to turn around, and then everything’s going to be fine. We've repeated that line how many times, Tyler? But their market share is growing. They're a leading originator of multifamily loans guaranteed by HUD, by Fannie, by all the government agencies. Their market share in that went from about 11% at the start of this year to over 14% now. That's the thing that sets itself up nicely for when the market recovers. It's not just, the rising tide lifts all ships. Companies that are growing their market share in the tough times are better set up to capture that rebound. The servicing portfolio, which is part of the business a lot of people overlook, not only it grew 6% year over year, it's predictable revenue. These are just loans they get a little fee every time someone pays their loan, but over 50% of that servicing portfolio, which is about $146 billion worth of loans. Over 50% matures within five years, that creates a built-in pipeline of refinancing where they actually make a lot of money from. The stock trades for less than ten times adjusted earnings right now. It trades there for a reason, but there's more to like in this earnings report than the market gave it credit for. Tyler Crowe: We do agree when it's like for a lot of these, it's when the commercial real estate market comes back. But I think one thing we have gone back and forth about a lot is with Walker and Dunlop, specifically, it was late 2010, early 2020's. They went on a bit of a buying spree. Not necessarily in their wheelhouse, either, some ancillary and tangential businesses. When I hear things oh, well, they had to buy back some loans because of fraud and, increasing credit provisions, it started to make me go back to that. Maybe some of these acquisitions weren't as good as they had said, and that maybe there I don't want to say asleep at the wheel, but still not quite figured out how to integrate all of these into their company. Is that a fair assessment? Matt Frankel: Not only did they go on a buying spree, like a lot of real estate companies did at that time, they overpaid for certain acquisitions. They weren't all bad. Their appraisal business, which is called Apprise, is actually a pretty solid business. I just think they overpaid for a lot of the parts. There was the real estate investment banking business that specialized in selling the tax credits that were going on at the time. They overpaid for a lot of this, and that's a big problem. It's not necessarily that the integrated businesses are no good. They went on an acquisition spree, and they paid a lot of money for some of these components. Tyler Crowe: Like you said, we'll just have to see, maybe when the commercial real estate market turns around, some of these maybe not so great investments or acquisitions can fall into place, I guess, if it will. It seems like the theme is turnaround stories or maybe companies that aren't doing as hot because Rachel, the one you brought to the table here was CVS Healthcare. Rachel Warren: I thought it'd be interesting to talk about a healthcare business and CVS, I think a lot of people obviously think of the neighborhood, store aisles, pharmacy counters, but CVS is actually one of the larger healthcare insurers in America through their Aetna division. They beat expectations this quarter. It was a particularly good quarter for the business after a series of difficult quarters, which we'll talk about in a bit. Adjusted earnings per share came in at $2.58 against Wall Street estimates of $1.87. Total revenue rose over 7% to about $106 billion, and management actually raised their full year profit guidance. One of the dynamics that CVS Health is benefiting from right now is just broader trends in the healthcare space. We've seen a lot of major hospital chains note that consumers are putting off doctor visits. They're scheduling fewer elective surgeries due to tight household budgets, which is a really, really unfortunate trend. The flip side of that trend, of course, is when people skip surgeries; it lowers expenses for an insurance company because they're paying out fewer medical claims. For CVS and their Aetna network, fewer procedures means their medical cost decreased. Essentially, this trickled over to their healthcare benefits division. If you're looking at their report. They saw their operating income rise by more than $1 billion above what analysts had originally predicted all going back to these industry dynamics that I mentioned. Tyler Crowe: A good quarter, and the thing is, CVS is going back to the integration of Walker and Dunlop. Here we have a retail pharmacy combining with a major insurer. It hasn't exactly been a perfect marriage here. The stock has reflected that over the past couple of years. Between the lowering of the earnings forecasts, it's closed hundreds of stores. The CEO has been a revolving door as of late; it hasn't been easy for this company. But having said that, the stock trades for 11 times forward earnings estimates. Clearly, the market is pricing this then as not doing great. You as the investor, are you buying this as a value stock now? It's like a turnaround in play here or are you still seeing this is still work in progress. I'm going to check back later stock. Rachel Warren: This is what I'm watching from the sidelines, for sure. There's a few reasons for that. I mean, this is a company that's faced serious operational issues over the last few years. it's not just a matter of the difficulties of integrating the Aetna acquisition from a number of years ago. Of course, they're one of the largest pharmacy benefit managers in the U.S. They were dealing with costs from higher Medicare utilization rates that also ate into the growth story. Then 2024, 2025, they continuously were adjusting expectations downward. They had to cut earnings forecasts in multiple quarters because of rising insurance costs and a slow retail pharmacy market. There's been a lot of factors at play that have posed challenges for the business. Now, it did launch a $2 billion cost-cutting initiative. There were layoffs, management closed, underperforming stores. You've got a new CEO, David Joyner, you've got their CFO Brian Newman overhauled their insurance underwriting, really moved away from the unprofitable business lines, and they also put in stricter cost controls over their medical benefit ratio. I think we are starting to see the signs that their vertical integration strategy, which is, you've got the drug store side, the pharmacy benefit manager side, the insurance provider side. I think we're seeing the results starting to show say it's too soon to declare that the turnaround is complete. This is a long time dividend payer, but I think if you're looking for income stocks, there are probably other compelling opportunities to find. Tyler Crowe: One of the things with turnaround stocks is the turnaround always takes way longer than anyone ever expected. Coming up after the break, we're going to jump into the mailbag. ADVERTISEMENT: You know the idea you can't stop thinking about. The one you want to turn into a business. It's time. Shopify has everything you need to launch your website fast and sell everywhere customers shop. We just made it live, and it's already sold out. My gosh. Join millions of Shopify merchants who have turned their ideas into businesses. You got B steel. Start your free trial at shopify.com. Tyler Crowe: Hey, everyone, just a quick reminder, if you want to get in an email to us, send it to us at podcasts at Fool.com. That's podcast with us. We'll also put the email in the description for the show. As always, keep it short enough we can read on air, keep it Foolish, and we can't give personalized advice, so we don't get in trouble with the FTC. Today's question comes from Sterling Clark, and Matt, he actually named you personally, so we wanted to make sure that you were on the show when we did this. Question is, Hi, Fools. What does Matt Frankel think about UPS stock as a value stock or value trap? A little bit of a theme here today. He Sterling says he works at UPS, and you can see that they're working on remodeling their buildings in order to improve sorting efficiencies. It still has an attractive dividend yield, but the other hand, Amazon keeps indicating it wants to take UPS's lunch. Do you buy the turnaround story? Matt, we'll start with you, since it was directed at you and Rachel, if you have any thoughts, you can share them as well. Matt Frankel: I'm not surprised that was directed to me. I love a good value. Stock, everybody knows that. But what the listener is referring to is what UPS calls its network reconfiguration program, and it is showing up in the numbers. UPS expects almost $3 billion of program benefits for this full year. Unfortunately, part of it's cutting about 30,000 jobs, operational positions, specifically as the network becomes both physically smaller and a lot more automated, which is what he was referring to there. I'm not terribly worried about the Amazon part. UPS, they've already removed a ton of what they call low-quality Amazon volume. That's not where they make their — you don't make your money by free two-day shipping. You make your money from the medical equipment and more specialized forms of moving things from one place to another. The way I would put it is Amazon didn't really steal UPS's lunch. UPS just gave back the part that it didn't really want to eat. In first quarter, UPS raised its guidance. They posted double-digit growth in operating profit. Their dividend yield is 6.4%, which might sound attractive. It represents about 98% of the company's free cash flow. That's a pretty high payout ratio. They've they haven't raised their dividend every year, but they haven't cut it for 27 consecutive years. That's a pretty big history they want to maintain. They're going to need some serious free cash flow growth over the next few years to justify keeping it where it is. I wouldn't go so far as to call this a dividend trap. There are plenty of dividend traps in the market, and I wouldn't say this is one of them. If they can grow their premium shipping volume, meaning the non-Amazon parts of the business, while making the network more efficient, which they're clearly doing. It could end up being a great value here, but that's a big if, and that's why it's trading where it is right now. Tyler Crowe: Slightly related. There was a story on CNBC today about UPS investing heavily in things like pharmaceutical and cold chain logistics, a little bit related to shipping GLP-1 drugs and stuff like that. I assume that's going to be part of that, as well, Rachel? Don't you think? Rachel Warren: That's absolutely the case. One of the things that UPS has really focused on. This is adding billions to their growth every quarter is specialized shipments like weight loss and diabetes medications, and these are high-value drugs. They require very precise temperature-controlled refrigeration, premium tracking sensors from factory to pharmacy. By routing these high-margin medical packages through their newly automated facilities, UPS can generate significantly more profit per box. That building remodel isn't just a cosmetic upgrade. They’re really shifting away from old-school manual sorting, automated hubs. This is obviously something that they've been doing for a while. But running an automated sorting building, it's about 30% cheaper per package than a traditional one. The healthcare logistics piece is a really, really interesting one within that broader shift. But upgrading these facilities takes a lot of cash. They've committed billions more to expand just their global healthcare shipping network over the next few years. They pay over $5 billion a year out in dividends. I don't think that UPS is a value trap. I think it's another one of the turnaround stories we've been talking about today. There's a lot of moving parts. On the one hand, the network is getting smaller. It's getting leaner, it's getting more efficient. But the automation side only saves you money if if these buildings are actually full of packages. If the broader economy slows down, retail shipping drop these very expensive equipment sorting machines might sit idle. Strategy makes sense, but I think there's a bit of a trade-off that's happening right now. That said, I think the fact that they are leaning more into these higher margin business lines, specifically healthcare logistics, which just broadly speaking, tends to be more resilient, even in difficult economic periods, I think that's a very smart strategy for the long run. Tyler Crowe: The path is there. It just seems like getting there completely unscathed without having to cut its dividend or, any other financial shenanigans along the way is going to be the real challenge here for UPS. Maybe not the smoothest pass. As always, people on the program may have interest in the stocks they talk about, and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. All personal finance content follows Motley Fool editorial standards and is not approved by advertisers. Advertisements are sponsored content and provided for informational purposes only. To see our full advertising disclosure, please check out our show notes. Thanks for producer Dan Boyd and the rest of the Motley Fool team. For Matt, Rachel, and myself, thanks for listening, and we'll chat again soon. |
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2026-09-09 08:55
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Kaplan Fox & Kilsheimer LLP Announces an Investigation into DICK's Sporting Goods, Inc. (DKS) for Possible Securities Law Violations | FMP Stock News | |
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New York, New York--(Newsfile Corp. - September 8, 2026) - Kaplan Fox & Kilsheimer LLP is investigating potential securities violations against DICK's Sporting Goods, Inc. ("Dick's Sporting Goods" or the "Company") (NYSE: DKS).CLICK HERE TO RECEIVE MORE INFORMATION ABOUT THIS INVESTIGATION If you are a Dick's Sporting Goods investor and have suffered losses, or if you have information that could assist in the Dick's Sporting Goods investigation, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003. On August 25, 2026, Dick's Sporting Goods announced financial results for the second quarter of 2026. The Company "[r]eported earnings per diluted share of $3.50 and non-GAAP earnings per diluted share of $3.53 compared to earnings per diluted share of $4.71 and non-GAAP earnings per diluted share of $4.38 in the prior year quarter." The Company further revealed that "Proforma comps for the Foot Locker Business declined 3.6%, impacted by challenging conditions in the athletic footwear marketplace" and lowered its full year 2026 "Foot Locker Business proforma comparable sales outlook to a range of negative 2.0% to 0.0%" from its prior 2026 guidance of positive 1.5% to 3.0%. Following this news, the price of Dick's Sporting Goods stock fell $55.02 per share, or 30.68%, to close at $124.31 per share on August 25, 2026. WHY CONTACT KAPLAN FOX? Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented. Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch. For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes. If you have any questions about this investigation, please contact: Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client. https://www.kaplanfox.com/case/dicks-sporting-goods-inc-investor-alert-learn-more-now/ To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313449 Source: Kaplan Fox & Kilsheimer LLP Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs. Contact Us |
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Investors Buy Large Volume of Call Options on DICK’S Sporting Goods (NYSE:DKS) | FMP Stock News | |
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DICK’S Sporting Goods, Inc. (NYSE:DKS – Get Free Report) was the target of some unusual options trading on Tuesday. Investors purchased 6,416 call options on the stock. This represents an increase of 13% compared to the typical daily volume of 5,668 call options.Insider Buying and Selling In related news, Director Sandeep Mathrani bought 1,550 shares of the stock in a transaction that occurred on Wednesday, August 26th. The stock was purchased at an average cost of $128.89 per share, with a total value of $199,779.50. Following the purchase, the director directly owned 11,136 shares of the company’s stock, valued at $1,435,319.04. This trade represents a 16.17% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Robert Eddy purchased 4,000 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were bought at an average price of $128.69 per share, for a total transaction of $514,760.00. Following the acquisition, the director owned 10,886 shares in the company, valued at $1,400,919.34. This trade represents a 58.09% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have bought 29,563 shares of company stock valued at $3,843,882. 28.91% of the stock is currently owned by company insiders. Institutional Investors Weigh In On DICK’S Sporting Goods Several large investors have recently modified their holdings of DKS. Harbor Investment Advisory LLC purchased a new position in DICK’S Sporting Goods in the 1st quarter valued at $30,000. Elyxium Wealth LLC acquired a new stake in shares of DICK’S Sporting Goods in the 4th quarter worth $35,000. SHP Wealth Management acquired a new stake in shares of DICK’S Sporting Goods in the 4th quarter worth $38,000. Measured Wealth Private Client Group LLC purchased a new stake in shares of DICK’S Sporting Goods in the third quarter valued at about $48,000. Finally, Fideuram Asset Management Ireland dac purchased a new stake in shares of DICK’S Sporting Goods in the fourth quarter valued at about $44,000. Hedge funds and other institutional investors own 89.83% of the company’s stock. Key Headlines Impacting DICK’S Sporting Goods Here are the key news stories impacting DICK’S Sporting Goods this week: Positive Sentiment: Unusual options activity showed investors buying 6,416 DKS call options, about 13% above the average daily volume. This may indicate that some traders expect a rebound after the recent selloff. Neutral Sentiment: Several law firms announced or promoted securities investigations and class actions covering investors who purchased DICK’S securities between September 8, 2025, and August 24, 2026. The announcements largely repeat the same allegations and do not establish that the company violated securities laws. Kaplan Fox investigation Negative Sentiment: The legal actions allege that DICK’S and certain executives may have misled investors about growth, profitability and the impact of integrating Foot Locker, particularly regarding excess inventory, increased markdowns and pressure on margins. A lead-plaintiff deadline cited in the notices is November 3, 2026. DKS inventory investigation Negative Sentiment: The underlying operating concerns are more significant for investors than the law-firm announcements: inventory issues and heavier discounting could reduce gross profit and earnings, while Foot Locker integration costs and execution challenges may weigh on the company’s financial outlook. DICK’S most recently reported quarterly EPS and revenue below analyst expectations, with EPS also down from the prior-year period. DICK’S Sporting Goods Trading Down 5.0% DKS opened at $132.15 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.36 and a current ratio of 1.49. DICK’S Sporting Goods has a one year low of $120.40 and a one year high of $244.38. The company has a market cap of $11.83 billion, a P/E ratio of 14.19, a PEG ratio of 1.61 and a beta of 1.11. The business’s 50-day simple moving average is $191.44 and its 200-day simple moving average is $205.86. DICK’S Sporting Goods (NYSE:DKS – Get Free Report) last announced its quarterly earnings results on Tuesday, August 25th. The sporting goods retailer reported $3.53 EPS for the quarter, missing the consensus estimate of $3.74 by ($0.21). DICK’S Sporting Goods had a net margin of 3.97% and a return on equity of 19.21%. The company had revenue of $5.59 billion during the quarter, compared to analysts’ expectations of $5.64 billion. During the same quarter in the prior year, the company earned $4.38 earnings per share. The business’s revenue for the quarter was up 53.2% on a year-over-year basis. DICK’S Sporting Goods has set its FY 2026 guidance at 11.000-12.000 EPS. As a group, equities research analysts expect that DICK’S Sporting Goods will post 11.73 EPS for the current fiscal year. DICK’S Sporting Goods Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 11th will be paid a dividend of $1.25 per share. The ex-dividend date is Friday, September 11th. This represents a $5.00 dividend on an annualized basis and a yield of 3.8%. DICK’S Sporting Goods’s dividend payout ratio is currently 53.71%. Analysts Set New Price Targets A number of analysts recently weighed in on the stock. Jefferies Financial Group set a $171.00 target price on shares of DICK’S Sporting Goods in a research note on Tuesday, August 25th. Bank of America decreased their price target on shares of DICK’S Sporting Goods from $245.00 to $200.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. UBS Group lowered their price target on shares of DICK’S Sporting Goods from $275.00 to $178.00 and set a “buy” rating for the company in a report on Thursday, August 27th. Guggenheim reissued a “neutral” rating on shares of DICK’S Sporting Goods in a research report on Wednesday, August 26th. Finally, Citigroup reduced their price objective on shares of DICK’S Sporting Goods from $280.00 to $190.00 and set a “buy” rating on the stock in a report on Thursday, August 27th. Twelve research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $167.20. Get Our Latest Stock Analysis on DKS (Get Free Report) DICK’S Sporting Goods is a leading U.S.-based sporting goods retailer that sells a broad range of sports equipment, apparel, footwear and outdoor gear. The company operates an omnichannel business combining physical stores with digital sales, offering products for team sports, fitness, hunting and fishing, golf, and general active lifestyle categories. In addition to its flagship DICK’S stores, the company operates specialty formats such as Golf Galaxy and branded service offerings including team-sports sales and custom equipment solutions. The company traces its roots to a single sporting goods outlet founded in 1948 and has since grown into a national retail chain serving customers across the United States. Further Reading Five stocks we like better than DICK’S Sporting Goods Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Receive News & Ratings for DICK'S Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DICK'S Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter. |
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2026-09-08 10:44
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2026-09-08 06:06
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DKS Investigation Alert: Dick's Sporting Goods Faces Securities Fraud Investigation After 30% Stock Drop Tied to Inventory Issues | FMP Stock News | |
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BFA Law is investigating whether Dick's Sporting Goods, Inc. committed securities fraud relating to statements about the Foot Locker acquisition and related inventory, discounting, and profit pressures., /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Dick's Sporting Goods, Inc. (NYSE:DKS) for potential securities fraud after its significant stock drop. If you invested in Dick's Sporting Goods securities, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit. Key Details of the Dick's Sporting Goods ($DKS) Class Action Investigation: Investigation Overview: Securities fraud relating to Dick's statements about the Foot Locker acquisition and related inventory, discounting, and profit pressures. Stock Decline: August 25, 2026 – 30% Stock Drop Action: Contact BFA Law to discuss your rights Why is Dick's Sporting Goods Being Investigated for Securities Fraud? Dick's Sporting Goods is a sporting goods retailer. It acquired Foot Locker in a $2.4 billion deal that increased its exposure to the sneaker market. BFA is investigating whether Dick's misled investors about the Foot Locker acquisition, including the risks from excess inventory, weak footwear demand, and heavy promotions by competitors. Why did Dick's Sporting Goods' Stock Drop? On August 24, 2026, Dick's announced lower annual profits, weaker footwear demand, excess sneaker inventory, and heavy discounting needed to keep pace with competitors after the Foot Locker acquisition. Following that announcement, Dick's Sporting Goods shares fell approximately 30% on August 25, 2026. Click here for more information: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit. What Can You Do? If you invested in Dick's Sporting Goods securities, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space." One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients." Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. SOURCE Bleichmar Fonti & Auld LLP |
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2026-09-07 23:49
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2026-09-07 18:20
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Rosen Law Firm Urges DICK's Sporting Goods, Inc. (NYSE: DKS) Stockholders with Large Losses to Contact the Firm for Information About Their Rights | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK's Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). Dick's is the largest sporting goods retailer in the United States.For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.The Allegations: Rosen Law Firm is Investigating the Allegati. |
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2026-09-07 23:49
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2026-09-07 18:48
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Robbins LLP Reminds Investors of Class Action Against Dick's Sporting Goods After 30% Stock Slide | FMP Stock News | |
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Robbins LLP is investigating allegations that defendants misled investors regarding Dick's growth and profitability in light of the integration of recently acquired Foot Locker., /PRNewswire/ -- Robbins LLP notifies investors that a class action lawsuit has been filed against Dick's Sporting Goods, Inc. (NYSE: DKS) on behalf of shareholders who purchased common stock between September 8, 2025, and August 24, 2026. The legal action follows a sharp decline in the company's market value after disappointing financial results linked to its acquisition of Foot Locker. Investors who suffered losses during the class period can get more information Robbins LLP. On August 25, 2026, Dick's reported second-quarter revenue from Foot Locker of $1.73 billion, missing analyst estimates of $1.81 billion. The company simultaneously lowered its full-year 2026 net sales guidance and disclosed that it expected Foot Locker's proforma comparable sales to decline by as much as 2.0%—a significant reversal from the previously forecasted growth of 1.5% to 3%. Following these disclosures, the price of Dick's common stock fell $55.02 per share, a decline of approximately 30%, to close at $124.31 per share on August 25, 2026. Allegations of Misleading Disclosures The complaint alleges that Dick's Sporting Goods misled investors by touting the Foot Locker acquisition as a strategic growth driver while omitting critical information about inventory challenges. Specifically, the lawsuit claims the company failed to disclose that efforts to clean up Foot Locker's inventory were incomplete and that the business remained heavily dependent on legacy footwear products vulnerable to intensifying promotional pressures. Executive Chairman Edward W. Stack later revealed the athletic footwear marketplace had become "increasingly promotional," which significantly impacted the Foot Locker business due to its "greater exposure to legacy footwear." Investors who wish to serve as lead plaintiff must move the court no later than November 3, 2026. A lead plaintiff is a court-appointed representative acting on behalf of other class members. While serving as a lead plaintiff is not required to participate in any potential recovery, it allows shareholders to direct the litigation. Robbins LLP represents investors on a contingency fee basis, meaning shareholders pay no out-of-pocket costs for representation. Additional information regarding the class action and potential eligibility is may contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003. "Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP. Shareholders can sign up for Stock Watch to receive alerts regarding corporate wrongdoing. SOURCE Robbins LLP Also from this source |
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2026-09-07 23:49
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2026-09-07 19:00
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Robbins LLP Reminds Investors of Class Action Against Dick's Sporting Goods After 30% Stock Slide | FMP Stock News | |
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Robbins LLP Reminds Investors of Class Action Against Dick's Sporting Goods After 30% Stock Slide PR NewswireSAN DIEGO, Sept. 7, 2026 Robbins LLP is investigating allegations that defendants misled investors regarding Dick's growth and profitability in light of the integration of recently acquired Foot Locker. , /PRNewswire/ -- Robbins LLP notifies investors that a class action lawsuit has been filed against Dick's Sporting Goods, Inc. (NYSE: DKS) on behalf of shareholders who purchased common stock between September 8, 2025, and August 24, 2026. The legal action follows a sharp decline in the company's market value after disappointing financial results linked to its acquisition of Foot Locker. Investors who suffered losses during the class period can get more information Robbins LLP. On August 25, 2026, Dick's reported second-quarter revenue from Foot Locker of $1.73 billion, missing analyst estimates of $1.81 billion. The company simultaneously lowered its full-year 2026 net sales guidance and disclosed that it expected Foot Locker's proforma comparable sales to decline by as much as 2.0%—a significant reversal from the previously forecasted growth of 1.5% to 3%. Following these disclosures, the price of Dick's common stock fell $55.02 per share, a decline of approximately 30%, to close at $124.31 per share on August 25, 2026. Allegations of Misleading Disclosures The complaint alleges that Dick's Sporting Goods misled investors by touting the Foot Locker acquisition as a strategic growth driver while omitting critical information about inventory challenges. Specifically, the lawsuit claims the company failed to disclose that efforts to clean up Foot Locker's inventory were incomplete and that the business remained heavily dependent on legacy footwear products vulnerable to intensifying promotional pressures. Executive Chairman Edward W. Stack later revealed the athletic footwear marketplace had become "increasingly promotional," which significantly impacted the Foot Locker business due to its "greater exposure to legacy footwear." Investors who wish to serve as lead plaintiff must move the court no later than November 3, 2026. A lead plaintiff is a court-appointed representative acting on behalf of other class members. While serving as a lead plaintiff is not required to participate in any potential recovery, it allows shareholders to direct the litigation. Robbins LLP represents investors on a contingency fee basis, meaning shareholders pay no out-of-pocket costs for representation. Additional information regarding the class action and potential eligibility is may contact Robbins LLP by submitting an inquiry, emailing attorney Aaron Dumas, Jr., or calling (800) 350-6003. "Companies have an obligation to provide investors with complete and accurate information so that markets can function fairly and efficiently," said Brian J. Robbins, Founding Partner of Robbins LLP. Shareholders can sign up for Stock Watch to receive alerts regarding corporate wrongdoing. View original content to download multimedia:https://www.prnewswire.com/news-releases/robbins-llp-reminds-investors-of-class-action-against-dicks-sporting-goods-after-30-stock-slide-302871637.html SOURCE Robbins LLP |
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2026-09-07 23:49
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2026-09-07 19:00
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Rosen Law Firm Urges DICK's Sporting Goods, Inc. (NYSE: DKS) Stockholders with Large Losses to Contact the Firm for Information About Their Rights | FMP Stock News | |
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Rosen Law Firm Urges DICK's Sporting Goods, Inc. (NYSE: DKS) Stockholders with Large Losses to Contact the Firm for Information About Their Rights Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK’s Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, inclusive (the “Class Period”). Dick’s is the largest sporting goods retailer in the United States.For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that DICK’s Sporting Goods, Inc. (NYSE: DKS) Misled Investors Regarding its Business Operations. According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick’s cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick’s was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick’s was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants’ positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. What Now: You may be eligible to participate in the class action against DICK’s Sporting Goods, Inc. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by November 3, 2026. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here. All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Rosen Law Firm: Some law firms issuing releases about this matter do not actually litigate securities class actions. Rosen Law Firm does. Rosen Law Firm is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses, improving corporate governance structures, and holding company executives accountable for their wrongdoing. Since its inception, Rosen Law Firm has obtained over $2 billion for shareholders. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. View source version on businesswire.com: https://www.businesswire.com/news/home/20260907654914/en/ Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
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2026-09-07 23:49
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2026-09-07 19:36
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ROSEN, TRUSTED INVESTOR COUNSEL, Encourages DICK'S Sporting Goods, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - DKS | FMP Stock News | |
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Original source text
NEW YORK, Sept. 07, 2026 (GLOBE NEWSWIRE) --WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of DICK’S Sporting Goods, Inc. (NYSE: DKS) between September 8, 2025 and August 24, 2026, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. SO WHAT: If you purchased DICK’s Sporting Goods common stock you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the DICK’s Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 3, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and misleading statements and/or failed to disclose that: (1) Dick’s cleanup efforts concerning Foot Locker’s inventory were not complete, and, in fact, Foot Locker remained saddled with unproductive and stagnant legacy footwear; (2) Foot Locker heavily relied on legacy footwear products that were particularly vulnerable to intensifying promotional pressures across the athletic footwear industry; (3) in turn, Dick’s was significantly exposed to an industry-wide environment of excess inventory and resulting promotional activity; (4) accordingly, Dick’s was unable to achieve the sales growth, margins, and profits it touted to investors; and (5) as a result of the above, defendants’ positive statements about Dick's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the DICK’s Sporting Goods class action, go to https://rosenlegal.com/cases/dicks-sporting-goods/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] www.rosenlegal.com |
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2026-09-07 18:58
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2026-09-07 14:22
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Bronstein, Gewirtz & Grossman LLC Urges DICK'S Sporting Goods, Inc. Investors to Act: Class Action Filed Alleging Investor Harm | FMP Stock News | |
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NEW YORK, Sept. 07, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against DICK’S Sporting Goods, Inc. (NYSE: DKS) and certain of its officers.This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired DICK’S securities between September 8, 2025 and August 24, 2026, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. DICK’S Case Details The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements and/or failed to disclose that: (1) following Dick’s acquisition of Foot Locker, the Foot Locker business was experiencing stagnant inventory; (2) these inventory problems adversely affected the Company’s ability to achieve its sales-growth and profitability targets; (3) accordingly, the Company’s business and financial prospects were materially weaker than Defendants represented; and (4) as a result, Defendants’ positive statements concerning the Company’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis. What's Next for DICK’S Investors? A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/cases/dicks-sporting-goods-inc-dks-class_action_lawsuit. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in DICK’S you have until November 3, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. No Cost to DICK’S Investors We, Bronstein, Gewirtz & Grossman LLC, represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful. Why Bronstein, Gewirtz & Grossman, LLC for DICK’S Securities Class Action? Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide. More at www.bgandg.com "Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC. Follow us for updates on LinkedIn, X, Facebook, or Instagram. Contact Info Peretz Bronstein, Esq. or Nathan Miller Bronstein, Gewirtz & Grossman, LLC 917-590-0911 | [email protected] Attorney advertising. Prior results do not guarantee similar outcomes. |
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2026-09-07 14:04
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2026-09-07 08:00
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DICK'S Sporting Goods, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights -- DKS | FMP Stock News | |
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DICK'S Sporting Goods, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights -- DKS The DJS Law Group reminds investors of a class action lawsuit against DICK'S Sporting Goods, Inc. (“Dick’s” or “the Company”) (NYSE: DKS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of DKS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: September 8, 2025 to August 24, 2026 DEADLINE: November 3, 2026 CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Dick’s faced problems with stagnant inventory after acquiring the Foot Locker chain. The Company’s aggressive promotional efforts would hamper its ability to achieve its margin and profit targets. Based on these facts, Dick’s public statements were false and materially misleading throughout the class period. If you are a shareholder who suffered a loss, contact us to participate. WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results. Join the case to recover your losses. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. View source version on businesswire.com: https://www.businesswire.com/news/home/20260907605644/en/ Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
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2026-09-07 11:37
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2026-09-07 06:07
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Dick's Sporting Goods (NYSE:DKS) Shares Fall 30% Following Inventory Issues -- Investors with Losses Notified to Contact BFA Law | FMP Stock News | |
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NEW YORK, Sept. 07, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Dick’s Sporting Goods, Inc. (NYSE:DKS) for potential securities fraud after its significant stock drop.If you invested in Dick’s Sporting Goods securities, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit. Key Details of the Dick’s Sporting Goods ($DKS) Class Action Investigation: Investigation Overview: Securities fraud relating to Dick’s statements about the Foot Locker acquisition and related inventory, discounting, and profit pressures.Stock Decline: August 25, 2026 – 30% Stock DropAction: Contact BFA Law to discuss your rights Why is Dick’s Sporting Goods Being Investigated for Securities Fraud? Dick’s Sporting Goods is a sporting goods retailer. It acquired Foot Locker in a $2.4 billion deal that increased its exposure to the sneaker market. BFA is investigating whether Dick’s misled investors about the Foot Locker acquisition, including the risks from excess inventory, weak footwear demand, and heavy promotions by competitors. Why did Dick’s Sporting Goods’ Stock Drop? On August 24, 2026, Dick’s announced lower annual profits, weaker footwear demand, excess sneaker inventory, and heavy discounting needed to keep pace with competitors after the Foot Locker acquisition. Following that announcement, Dick’s Sporting Goods shares fell approximately 30% on August 25, 2026. Click here for more information: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit. What Can You Do? If you invested in Dick’s Sporting Goods securities, you may have legal options and are encouraged to submit your information to the firm. All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses. Submit your information by visiting: https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit Or contact: Adam McCall [email protected] 212.789.3619 Why Bleichmar Fonti & Auld LLP? BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.” Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd. For more information about BFA and its attorneys, please visit https://www.bfalaw.com. https://www.bfalaw.com/cases/dick-sporting-class-action-lawsuit Attorney advertising. Past results do not guarantee future outcomes. |
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2026-09-07 11:37
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2026-09-07 07:30
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DICK'S Sporting Goods, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – DKS | FMP Stock News | |
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LOS ANGELES--(BUSINESS WIRE)---- $DKS--DICK'S Sporting Goods, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – DKS. |
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2026-09-07 06:46
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2026-09-06 17:00
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DKS Investors Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud Lawsuit with SBS Law | FMP Stock News | |
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Original source text
DKS Investors Have Opportunity to Lead DICK'S Sporting Goods, Inc. Securities Fraud Lawsuit with SBS Law Schall, Brown & Schwartz LLP (“SBS”), a national shareholder rights litigation firm, reminds investors of a class action lawsuit against DICK'S Sporting Goods, Inc. (“Dick’s” or “the Company”) (NYSE: DKS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Shareholders who purchased shares of DKS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery. CLASS PERIOD: September 8, 2025 to August 24, 2026 DEADLINE: November 3, 2026 If you are a shareholder who suffered a loss, click here to participate. CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Dick’s suffered from stagnant inventory in its Foot Locker division after acquiring the chain. The Company failed to achieve its sales growth and profitability targets due to its inventory problems. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Dick’s, investors suffered damages. We also encourage you to contact Brian Schall or David Schwartz of Schall, Brown & Schwartz LLP, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected]. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. Join the case to recover your losses. WHY SBS? Schall, Brown & Schwartz LLP represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. Bringing together the extensive experience and diverse skillsets of founding partners Brian Schall, Andrew Brown, and David Schwartz, SBS is dedicated to aggressively advocating for every investor. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. View source version on businesswire.com: https://www.businesswire.com/news/home/20260906349369/en/ Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours. Click for the complete disclosure |
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2026-09-07 01:55
6d ago
Published
2026-09-06 20:00
7d ago
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Dick's Sporting Goods Director Colombo Acquires 913 Shares | FMP Stock News | |
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Original source text
William J. Colombo, a Director at Dick's Sporting Goods (DKS -0.44%), purchased 913 shares of common stock on Sept. 1, 2026, as disclosed in a recent SEC Form 4 filing.Transaction summaryMetricValueTransaction value$121,602Shares purchased (indirectly held)913Post-transaction shares181,838Post-transaction shares (directly held)838Post-transaction shares (indirectly held)181,000Post-transaction value$24.2 millionTransaction value based on SEC Form 4 weighted average purchase price ($133.19); post-transaction value based on Sept. 1, 2026, market close ($132.95). Key questionsHow does this purchase alter the insider's total equity position? The acquisition of 913 shares increased total beneficial ownership to 181,838 shares, with the position primarily comprising 181,000 shares held indirectly through a trust and a minor direct holding of 838 shares.What is the current market valuation of the total holdings? Based on the Sept. 1, 2026, market close of $132.95, the aggregate direct and indirect equity stake is valued at approximately $24.2 million.What is the context of the transaction price relative to recent stock performance? The shares were acquired at a weighted-average price of $133.19 per share, following a period in which the company saw a 38% decrease in its one-year total return as of Sept. 1, 2026.Company OverviewMetricValueShare Price (as of market close 2026-09-01)$132.95Market Capitalization$12.4 billionRevenue (TTM)$21.1 billionNet Income (TTM)$838.8 millionCompany SnapshotDick's Sporting Goods operates as a comprehensive omni-channel sporting goods retailer, generating revenue through the sale of hardlines, including sporting equipment, fitness equipment, golf equipment, and fishing gear, as well as athletic apparel, footwear, and accessories across its retail network.The company operates an integrated retail model combining physical store locations with digital commerce capabilities, enabling customers to shop across multiple channels while maintaining inventory efficiency and fulfillment flexibility.Dick's Sporting Goods serves a broad consumer base of athletic enthusiasts, fitness-focused individuals, and sports participants across the United States, positioning itself as a destination retailer for both casual and serious athletes.Dick's Sporting Goods is a leading omni-channel sporting goods retailer with a substantial market presence across the United States. The company generates approximately $21.1 billion in TTM revenue, demonstrating significant scale within the specialty retail sector. As a diversified sporting goods platform, Dick's maintains competitive advantages through its integrated retail network, comprehensive product assortment spanning equipment and apparel categories, and omni-channel capabilities that address evolving consumer shopping preferences. Premium Feature Moneyball Superscore 76/100 Today's Change ( -0.44 %) $ -0.62 Current Price $ 139.15 What this transaction means for investorsShareholders of Dick's Sportings Goods have had a rough go of it over thus far in 2026, with the stock price dropping nearly 30%. In comparison, the S&P 500 is up 12.7% over the same period. The struggles faced by the retailer were highlighted in its recent 2026 second-quarter earnings report. In that report, Dick's Sporting Goods reported that Foot Locker, which it acquired in September 2025, saw comparable sales decline by 3.6%. The Foot Locker business, which some were skeptical Dick's Sporting Goods could turn around, appears to be weighing on the overall business, as Dick's Sporting Goods lowered its overall net sales outlook for 2026. Given the stock's negative price performance and the negative sentiment around the stock, Colombo's purchase is likely welcome news for shareholders. There are plenty of reasons to sell a stock, but typically, an insider buys shares only because they believe the stock price will eventually rise. Purchasing 913 shares indirectly is still a relatively small stake compared to Colombo's overall holdings, but it is at least a signal of confidence. And the bigger picture is that the insider's total holdings are valued at $24.2 million, indicating continued alignment with the company's future success. Jack Delaney has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. |
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