Pension Fund Says Sporting Goods Retailer Misled Investors About Post-COVID Sales

(February 23, 2024, 8:57 AM EST) -- PITTSBURGH — Dick’s Sporting Goods Inc. and certain of its executives misled investors about the company’s ability to maintain high sales of certain products such as outdoor goods, which surged in sales during the early days of the COVID-19 pandemic, a pension fund says in a putative class complaint filed in a Pennsylvania federal court, claiming that the company issued misleading statements about the slowing of sales....

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