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A tidbit from Dick's Sporting Goods Q2 report doesn't bode well for Under Armour (UA). The...

A tidbit from Dick's Sporting Goods Q2 report doesn't bode well for Under Armour (UA). The company says it will pull back from Europe due to weak performance and will fully impair its investment in U.K.-based JJB Sports. Under Armour piggybacks off of Dick's growth track in many markets.
Comments (4)
  • wapiti
    , contributor
    Comments (703) | Send Message
     
    Anybody understand why Hibbett is up when DKS is struggling?
    14 Aug 2012, 12:25 PM Reply Like
  • 34CD77
    , contributor
    Comments (37) | Send Message
     
    I am not an analyst, but I have to say that articles like this have very little behind them except to be "sensational" Under Armour has but 6% of their sales overseas. Then figure what % of their sales are to JJB. They do not discount. So on one side of the equation ypu have JJB sales slowing, on the otherside UA has new products and sponsorships that are growing....net effect, I suspect are minimal. .....and not worth this comment!!!!!!!!!!!!!
    14 Aug 2012, 12:46 PM Reply Like
  • 34CD77
    , contributor
    Comments (37) | Send Message
     
    Further,
    Dks earning because of JJB were below whisper (ref your article 8/13/2012 ) the reaction should be good. You said this condition should lead to a +16% price action within 30 days. Looks like tis is good.
    14 Aug 2012, 12:51 PM Reply Like
  • The Fox
    , contributor
    Comments (631) | Send Message
     
    It matters because UA must grow BIG to continue to warrant its laughable multiple. Without international expansion it isn't going to happen. Get ready for multiple contraction...
    15 Aug 2012, 06:32 PM Reply Like
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