jgrabar
5 months ago
NOTICE: GRABAR LAW OFFICE INVESTIGATES CLAIMS ON BEHALF OF LONG-TERM SHAREHOLDERS OF DICKβS SPORTING GOODS, INC. (NYSE: DKS)
Current Dickβs Sporting Goods, Inc. (NYSE: DKS) shareholders who have held Dickβs shares since on before May 25, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. Click here https://grabarlaw.com/the-latest/dicks-shareholder-investigation/ to learn more or join.
Grabar Law Office is investigating claims on behalf of long-term Dickβs shareholders. The investigation concerns whether certain officers and directors of Dickβs have breached the fiduciary duties they owed to the company.
Why? A recently filed securities fraud class action complaint alleges that Dickβs Sporting Goods, Inc., (NYSE: DKS) through certain of its officers and directors, made false and/or misleading statements and/or failed to disclose that: (i) demand for products in Dickβs Outdoor segment was slowing faster than Defendants represented, resulting in excess inventory; (ii) the βstructural changesβ that Defendants 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 Companyβs profitability; (iii) the need to liquidate excess inventory, including in the Outdoor segment, would have a materially negative effect on the Companyβs profitability; and (iv) as a result of (i)-(iii) above, Defendantsβ statements about Dickβs business condition and prospects were materially false and misleading when made.
What you can do now: Current Dickβs shareholders who have held Dickβs shares since prior to May 25, 2022, can seek corporate reforms, the return of funds back to the company, and a court approved incentive award at no cost to them whatsoever. If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/dicks-shareholder-investigation/, or contact Joshua H. Grabar at jgrabar @FH-6085.
whytestocks
4 years ago
Just In: $DKS DICK'S Sporting Goods Reports Record Quarterly Sales and Earnings in Second Quarter 2020; Delivers 20.7% Increase in Same Store Sales
PITTSBURGH , Aug. 26, 2020 /PRNewswire/ -- DICK'S Sporting Goods, Inc. (NYSE: DKS), the largest U.S. based full-line omni-channel sporting goods retailer, today reported sales and earnings results for the second quarter ended August 1, 2020. Second Quarter Resul...
Find out more DKS - DICK'S Sporting Goods Reports Record Quarterly Sales and Earnings in Second Quarter 2020; Delivers 20.7% Increase in Same Store Sales
Saving Grace
7 years ago
Dicks caves to liberal BS Sell Fast! This will tank hard.
NRA supporters have now boycotted this panty waist liberal chain. Half of the current customers of Dicks will never return.
Dicks upper management needs an overhaul.
http://www.uppermichiganssource.com/content/news/Dicks-to-stop-selling-assault-style-rifles-in-its-stores-475393243.html
NEW YORK (AP) - Dick's Sporting Goods will immediately end sales of assault-style rifles in its stores and won't sell guns to anyone under 21 years old following the school massacre in Parkland, Florida.
Dick's Chairman and CEO Edward Stack said on "Good Morning America" Wednesday that after the shooting the company "felt it needed to do something."
Stack says that the gunman, Nickolas Cruz, had purchased a gun at a Dick's store, but not the one used at the school shooting, even though all existing rules were followed. Stack says that the system that's in place won't stop sales to dangerous people and said lawmakers must do something.
Stack said Dick's is prepared for any potential backlash, but will not change its policies on gun sales.
jimmybob
10 years ago
Dick's Sporting appears to be legitimate LBO candidate, says Wells Fargo
After Reuters reported that Dick's Sporting is in early stage talks with private equity firms regarding a possible sale, Wells Fargo views Dick's as a legitimate LBO candidate, given its consistent EBITDA growth. The firm thinks that Dick's could support significant leverage, but adds that Cabela's (CAB) is a better candidate for a private equity transaction, partly because Dick's CEO controls the majority of voting power at that company. Wells keeps a Market Perform rating on Dick's