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NEW YORK, Aug. 15, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of Dick's Sporting Goods, Inc. (NYSE: DKS) breached their fiduciary duties to shareholders.
According to a federal securities lawsuit, Insiders at Dick's Sporting Goods caused the company to misrepresent or fail to disclose that (i) demand for products in DKS's Outdoor segment was slowing faster than represented, resulting in excess inventory; (ii) the "structural changes" that were 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; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Company's profitability; and (iv) as a result of the above, statements about DKS's business condition and prospects were materially false and misleading
PITTSBURGH, Aug. 7, 2025 /PRNewswire/ -- Today, DICK'S Sporting Goods (NYSE: DKS) announced the official launch of Cookie Jar & A Dream Studios, a new in-house content and production studio dedicated to telling powerful, human-centered stories through the lens of sport.
Founded on the belief that sports have the power to change lives and build community, Cookie Jar & A Dream Studios aims to deliver transformative storytelling that positions sports at the heart of culture. The studio's work will spotlight the grit, triumphs and heartbreak behind every athlete's journey, with a mission to create emotionally resonant content that inspires long after the final whistle blows. At its core, the studio believes sports are more than just competition; they are universal stories of hope, resilience and connection.
Athletes can shop hundreds of deals from top brands July 7–10, online and via the DICK'S mobile app
PITTSBURGH, July 2, 2025 /PRNewswire/ -- DICK'S Sporting Goods (NYSE: DKS) today announced DICK'S Deal Days, a four-day savings event running Monday, July 7 through Thursday, July 10. Timed to peak summer activity, travel and youth sports season, DICK'S Deal Days is the brand's biggest sale of the summer, with new deals dropping daily.
PITTSBURGH, July 1, 2025 /PRNewswire/ -- Today, DICK'S Sporting Goods (NYSE: DKS) and the Women's National Basketball Association (WNBA) announced a multi-year extension of their partnership, which originally began in Fall 2021. Through this renewed agreement, DICK'S will continue as the Official Sporting Goods Retailer and an Official Marketing Partner of the WNBA through the 2028 season. Additionally, DICK'S will remain the Official Sporting Goods Retailer of the Chicago Sky and Minnesota Lynx.
PITTSBURGH, June 23, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. ("DICK'S") (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today announced that, in connection with the previously announced offer to eligible holders to exchange (the "Exchange Offer") any and all outstanding notes issued by Foot Locker, Inc. ("Foot Locker") as set forth in the table below (the "Foot Locker Notes") for (1) up to $400,000,000 aggregate principal amount of new notes issued by DICK'S (the "DICK'S Notes") and (2) in certain instances, cash, and the related consent solicitation by Foot Locker (the "Consent Solicitation") to adopt certain proposed amendments to the indenture governing the Foot Locker Notes (the "Proposed Amendments"), as of 5:00 p.m., New York City time, on June 20, 2025 (the "Early Participation Date"), according to Global Bondholder Services Corporation, the information agent for the Exchange Offer and Consent Solicitation, the following principal amount of Foot Locker Notes have been validly tendered and not validly withdrawn (and consents thereby validly given and not validly revoked):
DICK'S is also the Presenting Partner of the Kids Zone and a Participating Partner in Fanatics Games
Fan Experiences from DICK'S will include viewing of one-of-one Skenes Topps MLB Debut Patch card, live podcast stage, giveaways, competitions and more
PITTSBURGH, June 9, 2025 /PRNewswire/ -- Today, DICK'S Sporting Goods (NYSE: DKS) and Fanatics announced that DICK'S will serve as the Official Sporting Goods Retail Partner of this year's Fanatics Fest NYC, which takes place from June 20-22 at the Javits Center. As part of this deal, DICK'S will also serve as the Presenting Partner of the Fanatics Fest Kids Zone.
PITTSBURGH, June 6, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. ("DICK'S") (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today announced that, in connection with its anticipated acquisition of Foot Locker, Inc. ("Foot Locker"), DICK'S has commenced an offer to eligible holders (the "Holders") to exchange (the "Exchange Offer") any and all outstanding 4.000% Senior Notes due 2029 issued by Foot Locker (the "Foot Locker Notes") for (1) up to $400 million aggregate principal amount of new 4.000% Senior Notes due 2029 issued by DICK'S (the "DICK'S Notes") in principal amount as set forth in the table below and (2) the Consent Payment (as defined below). The Exchange Offer and Consent Solicitation (as defined below) are being conducted in connection with, and are conditioned upon, among other things, the closing of the merger of a subsidiary of DICK'S with and into Foot Locker, with Foot Locker surviving the merger as a wholly owned subsidiary of DICK'S (the "Acquisition"), which condition may not be waived by DICK'S.
– Delivers Double-Digit EBT Margin of 11.0% and Non-GAAP EBT Margin of 11.4% –
– Reaffirms 2025 Outlook for Comp Sales and EPS (A) –
Delivered earnings per diluted share of $3.24 and non-GAAP earnings per diluted share of $3.37, compared to $3.30 during the prior year quarter, a period in which there were no non-GAAP adjustmentsOpened two new House of Sport locations and four new DICK'S Field House locations during the first quarterContinues to expect full year 2025 comparable sales growth to be in the range of 1.0% to 3.0% and full year 2025 earnings per diluted share to be in the range of $13.80 to 14.40 (A)Announced plan to acquire Foot Locker to create a global leader in the sports retail industryNEW YORK, May 15, 2025 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Foot Locker, Inc. (NYSE: FL) and its board of directors concerning the proposed acquisition of the company by DICK'S Sporting Goods, Inc. (NYSE: DKS). Stockholders will receive either $24.00 or 0.1168 shares of DICK'S Sporting Goods common stock for each share of Foot Locker stock that they hold. The transaction is valued at approximately $2.5 billion and is expected to close in the second half of 2025.
PITTSBURGH, May 15, 2025 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), a leading U.S. based full-line omni-channel sporting goods retailer, today reported select preliminary financial results for its first quarter ended May 3, 2025.
"We are very pleased with our strong start to the year and our demonstrated sustained growth. The strength of our business puts us in a great position for our proposed acquisition of Foot Locker — a transformative step to accelerate our global reach and drive significant value for our athletes, teammates, partners and shareholders," said Lauren Hobart, President and Chief Executive Officer.