ATLANTA, GA – – (Globe Newswire – February 29, 2024) – – A shareholder class action lawsuit has been filed against Dick’s Sporting Goods, Inc. (“DSG” or the “Company”) (NYSE: DKS). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information regarding the Company’s inventory, margins, and prospects, including allegations that: (a) demand for products in DSG’s Outdoor segment was slowing faster than defendants represented, resulting in excess inventory; (b) the “structural changes” that defendants repeatedly touted, including differentiated products, improved pricing technology, and more efficient clearance channels, did not allow the Company to manage its excess inventory without hurting the Company’s profitability; and (c) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company’s profitability.

If you bought DSG’s shares between May 25, 2022 and August 21, 2023, and suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888)-508-6832 or, you may visit the firm’s website at www.holzerlaw.com/case/dick’s/ to learn more.

The deadline to ask the court to be appointed lead plaintiff in the case is April 22, 2024.

Registration Deadline

Lead Plaintiff Deadline Has Passed

April 22, 2024

Submit Your Information

Shares Purchased(Required)
Date of Shares Purchased
Number of Shares Acquired
Acquisition Price Per Share
Shares Sold
Date of Shares Sold
Number of Shares Sold
Selling Price Per Share