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Posts Tagged ‘Adidas’

Under Armour Soars on Third Quarter Results but Nike is Still a Threat

Sport apparel company Under Armour was seeing its shares pop after the company reported third quarter results. Under Armour was up nearly 25% after reporting third quarter revenue of $1.443 billion while analysts were expecting $1.41 billion. Net income for the quarter also jumped 40% to hit $75.3 million, or 17 cents a share. Earnings…

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Nike’s CEO Mark Parker is Very Proud of the Colin Kaepernick Ad

Despite no NFL teams showing any interest in signing Colin Kaepernick, he still seems to be doing alright in the fame department. Colin Kaepernick, along with other athletes such as Serena Williams and Lebron James, have been featured in Nike’s 30th anniversary “Just Do It” campaign. The campaign, though controversial, has helped Nike see big…

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Foot Locker Shares Suffer Worst Day in a Year

Shares of American sportswear and footwear retailer fell as much as 12% after the company reported worse than expected sales for its last quarter. The drop made it the worst trading day for the company in a year. For the second quarter, Foot Locker revealed 75 cents for earnings per share, coming in five cents…

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Dick’s Sporting Goods Blames Under Armour for Weak Sales

Shares of both Dick’s Sporting Goods and Under Armour were in the red after the former reported second quarter financial results. Under Armour saw losses over 7% before rebounding and Dick’s Sporting Goods dropped around 2.2% on the results. Dick’s Sporting Goods blamed the athleisure wear company for weak sales during the quarter, and said…

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