A securities fraud class action lawsuit has been filed against DICK’S Sporting Goods, Inc. on behalf of investors who purchased or acquired its common stock between September 8, 2025, and August 24, 2026, inclusive. The case alleges that DICK’S made materially false or misleading statements, or omitted material information, about Foot Locker’s inventory, promotional pressures in athletic footwear and the company’s business prospects. DICK’S acquired Foot Locker, but the source does not identify the transaction date. The complaint alleges that Foot Locker still held unproductive legacy footwear, remained vulnerable to industry-wide promotions and left DICK’S exposed to excess inventory, preventing the company from achieving the sales growth, margins and profits presented to investors. After DICK’S announced disappointing second-quarter 2026 results and cut its full-year consolidated net sales guidance on August 25, 2026, its stock fell $55.02, or approximately 30.7%, to $124.31 from $179.33. Investors have until November 3, 2026, to seek lead plaintiff status. Rosen Law Firm is soliciting investors to participate or discuss the case, while noting that no class has been certified and investors may choose other counsel or remain absent class members.