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DKS INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Dick’s Sporting Goods, Inc.

globenewswire.com
DKS The company reported a significant drop in net income and lowered its fiscal year sales guidance. A comparable sales decline in a recently acquired business (Foot Locker) and a substantial stock price drop further indicate negative sentiment.

DKS INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving Dick’s Sporting Goods, Inc. NEW YORK, Sept. 03, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP continues its investigation on behalf of Dick’s Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.

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What Happened?

On August 24, 2026, Dick’s reported its second quarter 2026 financial results, revealing a net income of $315 million, or $3.50 per share, down from $381 million, or $4.71 per share, year-over-year. Additionally, Dick’s lowered its fiscal year 2026 sales guidance to $21.9 billion to $22.2 billion, from $22.1 billion to $22.4 billion. The Company saw a comparable sales decline of 3.6% for Foot Locker, which it acquired in a $2.4 billion deal in September 2025. Management stated that “Foot Locker is more dependent on launch and retro product. Not only were there fewer launches in the second quarter, but launches we did see performed below industry and our expectations. This had a meaningful impact on the results across the Foot Locker business.” On this news, Dick’s stock price declined $55.02, or 30.7%, to close at $124.31 on August 25, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Dick’s securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

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Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

Kirby McInerney LLP

Lauren Molinaro, Esq.

212-699-1171

https://www.kmllp.com

https://securitiesleadplaintiff.com/

investigations@kmllp.com