DICK’S SPORTING GOODS, INC. INVESTOR ALERT: Kirby McInerney LLP Announces Investigation Into Potential Securities Fraud

NEW YORK, Sept. 01, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Dick’s Sporting Goods, Inc. (“Dick’s” or the “Company”) (NYSE: DKS). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices. If you purchased or otherwise acquired Dick’s securities, please contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below, to learn more about your rights.

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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.

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Contacts
Kirby McInerney LLP        
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
investigations@kmllp.com