Investors who purchased DICK’S Sporting Goods common stock from September 8, 2025, through August 24, 2026, have until November 3, 2026, to ask the court to appoint them lead plaintiff in a securities class action. The lawsuit alleges that DICK’S and certain executives failed to disclose that Foot Locker’s inventory cleanup was incomplete, leaving the business exposed to stagnant legacy footwear and industry-wide promotional pressure. The allegations follow DICK’S August 25, 2026, disclosure of second-quarter adjusted earnings per share of $3.53, below analysts’ $3.76 estimate, and Foot Locker revenue of $1.73 billion, below the $1.81 billion estimate. DICK’S lowered its full-year 2026 consolidated net sales guidance and cut its forecast for Foot Locker pro forma comparable sales to negative 2.0% to 0.0%, from 1.5% to 3% growth. Its shares fell $55.02, or approximately 30%, to close at $124.31 on unusually heavy volume. Rosen Law Firm said a class action has been filed and that investors may participate without upfront fees under a contingency arrangement. No class has been certified, and investors may retain counsel, remain absent class members or seek the lead plaintiff role. The case identified by the existing notice is Plumbers & Pipefitters Local Union #295 Pension Fund v. DICK’S Sporting Goods, Inc., et al., No. 2:26-cv-01860, in the U.S. District Court for the Western District of Pennsylvania.