NEW YORK, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against DICK'S Sporting Goods, Inc. ("DICK'S Sporting Goods" or the "Company") (NYSE:DKS) in the United States District Court for the Western District of Pennsylvania on behalf of all persons and entities who purchased or otherwise acquired DICK'S Sporting Goods common stock between May 25, 2022 and August 21, 2023, both dates inclusive (the "Class Period"). Investors have until April 16, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
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The Dick's Sporting Goods class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (i) demand for products in Dick's Sporting Goods' Outdoor segment was slowing faster than defendants represented, resulting in excess inventory; (ii) the "structural changes" that defendants ...