The Law Offices of Frank R. Cruz Announces Investigation of Dick's Sporting Goods, Inc. (DKS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Dick's Sporting Goods, Inc. (“DSG” or the “Company”) (NYSE: DKS) on behalf of investors concerning the Company’s possible violations of federal securities laws.

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On August 22, 2023, DSG announced disappointing second quarter 2023 financial results, attributing its reduced margins and profitability primarily to promotional sales of excess inventory.

On this news, DSG’s stock price fell $35.51, or 24.1%, to close at $111.53 per share on August 22, 2023, thereby injuring investors.

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If you purchased DSG securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

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