New York – September 10, 2026 -- Bleichmar Fonti & Auld LLP has opened a securities fraud investigation into Dick's Sporting Goods, Inc. (NYSE:DKS) following a stock collapse tied to its $2.4 billion acquisition of Foot Locker.

Shares fell approximately 30% on August 25, 2026

The drop followed an August 24, 2026 announcement in which Dick's disclosed lower annual profit guidance, weaker footwear demand, excess sneaker inventory, and the need for heavy discounting to match competitor promotions.