The Law Offices of Frank R. Cruz announces an investigation of DICK’s Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
IF YOU ARE AN INVESTOR WHO LOST MONEY ON DICK’S SPORTING GOODS, INC. (DKS), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.
What Is The Investigation About?
On August 25, 2026, Dick's announced second quarter 2026 results, including earnings per share of $3.50, compared to earnings per share of $4.71 in the prior year quarter. The Company also reported “Proforma comps for the Foot Locker Business declined 3.6%,” and stated “[a]s the quarter progressed, conditions across portions of the athletic footwear and apparel marketplace became increasingly promotional.” As a result, the Company slashed its full year guidance, including that expected operating income guidance was cut by $255 million at the midpoint, from $1.75 billion to $1.495 billion.
On this news, Dick's shares fell as much as $53.68 or 29.93% during intraday trading on August 25, 2026.
Contact Us To Participate or Learn More:
If you purchased DICK’s Sporting Goods, Inc. securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: info@frankcruzlaw.com
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.
If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260825568376/en/
Contacts
The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz
310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com