NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors of the April 22, 2024 deadline to seek the role of lead plaintiff in a federal securities class action has been filed on behalf of those who acquired Dick's Sporting Goods, Inc. ("DSG" or the "Company") (NYSE:DKS) securities during the period of May 25, 2022 to August 21, 2023 inclusive ("the Class Period").
[Click here to learn more about the class action]
On May 25, 2022, DSG announced its financial results for the first quarter of fiscal year 2022 and discussed changes in its business strategy during an earnings call. The company claimed to have undergone a "transformation" to sustain its structurally higher merchandise margin when compared to pre-COVID levels. These changes included leveraging relationships with manufacturers for exclusive products, improving pricing technology, and new digital marketing tools. In subsequent updates on August 23, 2022, and November 22, 2022, DSG continued to provide assurances regarding its merchandise margin. DSG executives continued to speak positively about demand, mentioning ...
DKS) Investors of Upcoming Lead Plaintiff Deadline in Class Action Lawsuit>Full story available on Benzinga.com