{"id":1001437,"date":"2026-09-08T12:16:10","date_gmt":"2026-09-08T16:16:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/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-s\/"},"modified":"2026-09-08T12:16:10","modified_gmt":"2026-09-08T16:16:10","slug":"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-s","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/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-s\/","title":{"rendered":"DICK\u2019S 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"},"content":{"rendered":"

<\/p>\n

DICK\u2019S 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<\/p>\n

NEW YORK & NEW ORLEANS–(BUSINESS WIRE<\/a>)–Kahn Swick & Foti<\/a>, LLC (\u201cKSF\u201d) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until November 3, 2026<\/b> to file lead plaintiff applications in a securities class action lawsuit against DICK\u2019S Sporting Goods<\/a>, Inc. (\u201cDick\u2019s\u201d or the \u201cCompany\u201d) (NYSE: DKS), if they purchased the Company\u2019s common stock between September 8, 2025 and August 24, 2026, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for the Western District of Pennsylvania.<\/p>\n

What You May Do<\/strong><\/p>\n

If you purchased common stock of Dick\u2019s 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 (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nyse-dks\/<\/a> 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<\/strong>.<\/p>\n

>>><\/strong>CLICK HERE<\/strong><\/a> for more information<\/strong><\/p>\n

About the Lawsuit<\/strong><\/p>\n

DICK\u2019S Sporting Goods and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.<\/p>\n

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\u2019 estimates of $3.76, and revenue of $1.73 billion from its Foot Locker business, below analysts\u2019 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\u2019s proforma comparable sales to range from negative 2.0% to 0.0% for the year \u2014 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 \u201cincreasingly promotional,\u201d and attributed the more significant impact at Foot Locker to its \u201cgreater exposure to legacy footwear silhouettes\u201d and its greater dependence on launch and retro product.<\/p>\n

On this news, the price of DICK\u2019S Sporting Goods shares fell $55.02, or approximately 30%, to close at $124.31 on August 25, 2026, on unusually heavy trading volume.<\/p>\n

The case is Plumbers & Pipefitters Local Union #295 Pension Fund v. DICK\u2019S Sporting Goods, Inc., et al.,<\/i> No. 2:26-cv-01860.<\/p>\n

>>>To Learn More, Click <\/b>HERE<\/strong><\/a><\/p>\n

About Kahn Swick & Foti<\/a>, LLC<\/p>\n

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.<\/p>\n

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services<\/p>\n

To learn more about KSF, you may visit www.ksfcounsel.com<\/a>.<\/p>\n

>>>For More Information about the case, Click <\/b>HERE<\/strong><\/a><\/p>\n

CONNECT WITH US: Facebook<\/a> || Instagram<\/a> || YouTube<\/a> || TikTok<\/a> || LinkedIn<\/a><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260908352811\/en\/<\/a><\/span><\/p>\n

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com<\/a>
1-833-538-3615
1100 Poydras St., Suite 960
New Orleans, LA 70163<\/p>\n

KEYWORDS:<\/b> Louisiana New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Class Action Lawsuit Professional Services Legal<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

DICK\u2019S 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 NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (\u201cKSF\u201d) 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\u2019S Sporting Goods, Inc. (\u201cDick\u2019s\u201d or the \u201cCompany\u201d) (NYSE: DKS), if they purchased the Company\u2019s common stock between September 8, 2025 and August 24, 2026, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for … <\/p>\n

Continue reading “DICK\u2019S 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”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-1001437","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDICK\u2019S 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 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/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-s\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DICK\u2019S Sporting Goods, Inc. 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(\u201cDick\u2019s\u201d or the \u201cCompany\u201d) (NYSE: DKS), if they purchased the Company\u2019s common stock between September 8, 2025 and August 24, 2026, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for … Continue reading "DICK\u2019S Sporting Goods, Inc. 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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 NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–Kahn Swick & Foti, LLC (\u201cKSF\u201d) 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\u2019S Sporting Goods, Inc. (\u201cDick\u2019s\u201d or the \u201cCompany\u201d) (NYSE: DKS), if they purchased the Company\u2019s common stock between September 8, 2025 and August 24, 2026, inclusive (the \u201cClass Period\u201d). This action is pending in the United States District Court for … Continue reading \"DICK\u2019S Sporting Goods, Inc. 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