DICK’S Sporting Goods faces securities fraud class-action suit

Investors have filed securities class actions against DICK’S Sporting Goods, alleging the company misled them about its 2025 acquisition of Foot Locker and whether Foot Locker’s inventory and promotional challenges had been resolved. The complaints say those problems persisted, and point to the company’s August 2026 report of weaker-than-expected second-quarter results, including Foot Locker revenue below analyst estimates, reduced full-year sales guidance, and a downgrade in its comparable-sales outlook. Investors who bought DICK’S common stock between September 8, 2025, and August 24, 2026, have until November 3, 2026, to seek appointment as lead plaintiff; the allegations have not been proven in court.