Levi & Korsinsky Notifies Investors of Pending Investigation Into Securities Claims Involving DICK'S Sporting Goods (DKS)

DICK'S Sporting Goods reported Q2 adjusted EPS of $3.53 against consensus of $3.78 and revenue of approximately $5.59 billion against roughly $5.64 billion expected. Levi & Korsinsky is investigating on behalf of DKS shareholders who lost money.

NEW YORK, Aug. 31, 2026 (GLOBE NEWSWIRE) -- A quarter of $5.59 billion in revenue and $3.53 in adjusted earnings per share -- both below Wall Street consensus of roughly $5.64 billion and $3.78 -- sent DICK'S Sporting Goods (NYSE: DKS) shares lower on August 25, 2026, hitting shareholders who were holding the stock into the print. If you lost money on DKS, you are encouraged to submit your loss information now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

The shortfall was not confined to the top and bottom lines. In the same August 25, 2026 earnings release furnished on Form 8-K, the Company disclosed a 3.6% decline in Foot Locker pro forma comparable sales, increasing promotional conditions, and fewer and weaker product launches. The Company also reduced its operating income outlook for both the DICK'S and Foot Locker businesses.

Notably, both Foot Locker’s comparable sales guidance and DICK’S overall operating income projections were elevated in the Company’s first quarter report, on May 27, 2026. Levi & Korsinsky is investigating potential securities law violations on behalf of DKS investors.

Shareholders who purchased DKS and suffered a loss may have their losses reviewed at no cost. You may also reach Joseph E. Levi, Esq. at (212) 363-7500.

Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

Frequently Asked Questions About the DKS Investigation

Q: How much did DKS stock drop? A: Shares opened at about $142.36, a decline of nearly $37 per share, or about 20.62%. Shares had fallen further by midday. Investors who purchased shares and suffered losses may be eligible to seek recovery.

Q: Who is eligible to participate in the DKS investigation? A: Investors who purchased DKS stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: Who is conducting the DKS investigation? A: Levi & Korsinsky, LLP is investigating potential securities fraud claims on behalf of investors who purchased DKS securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: What do DKS investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my DKS shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought DKS and sold at a loss may still participate in the investigation.

Q: What if my DKS losses are small -- is it still worth contacting a lawyer? A: Yes. There is no minimum loss amount required to participate in the investigation.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171

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