SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of DICK'S Sporting Goods, Inc. (NYSE: DKS) and Encourages Long-Term Investors to Contact the Firm

Core Viewpoint - Kaskela Law LLC is investigating DICK'S Sporting Goods, Inc. on behalf of long-term shareholders due to a securities fraud complaint alleging misleading statements regarding the company's financial performance and inventory issues [1][2]. Summary by Sections Investigation Details - The investigation focuses on whether DICK'S board of directors violated securities laws or breached fiduciary duties related to the alleged misconduct [4]. Securities Fraud Complaint - A securities fraud complaint was filed for investors who purchased DICK'S shares between August 23, 2022, and August 21, 2023, claiming that the company and its executives made materially false statements about profitability growth, merchandise margins, demand, inventory levels, and the impact of retail theft on inventory shrinkage [2][3]. Impact on Stock Price - On August 22, 2023, DICK'S disclosed continued margin declines and disappointing profitability results, leading to a stock price drop of $35.51 per share, or over 24$111.53 per share [3]. Shareholder Communication - DICK'S shareholders who acquired shares before August 21, 2023, are encouraged to contact Kaskela Law LLC for information regarding the investigation and their legal rights [5].