Dick’s Sporting Goods faces a securities class action alleging that the company misled investors about its approximately $2.5 billion acquisition of Foot Locker. The complaint claims Dick’s promoted the deal as a growth and profitability opportunity while assuring investors that Foot Locker’s inventory and promotional problems had been resolved, although those challenges allegedly persisted. Before markets opened on August 25, 2026, Dick’s reported second-quarter 2026 Foot Locker revenue of $1.73 billion, below analysts’ $1.81 billion estimate, cut its full-year 2026 net sales guidance and forecast Foot Locker pro forma comparable sales between negative 2.0% and 0.0%, compared with its previous forecast of 1.5% to 3% growth. Dick’s shares fell $55.02, or 30.68%, to $124.31 that day. Kaplan Fox & Kilsheimer LLP filed the action on behalf of investors who acquired Dick’s common stock from September 8, 2025, through August 24, 2026. Eligible investors may seek lead-plaintiff status by November 3, 2026, although they do not need to do so to participate in any potential recovery.