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The Law Offices of Frank R. Cruz announces an investigation of DICK’s Sporting Goods, Inc. (“Dick’s” or the “Company”) (NASDAQ: DKS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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.
If you suffered a loss on your DICK’s Sporting Goods, Inc. investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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