Under Armour Inc. again dragged down sales Dick’s Sporting Goods Inc. in the second quarter as more people appear to be buying the sportswear maker’s products at lower-priced stores. Same-store sales declined 4 percent in the three-month period at Dick’s. Overall net sales of $2.18 billion missed Wall Street estimates of $2.24 billion. CEO Edward W. Stack said Wednesday that Dick’s experienced “continued significant declines” in Under Armour sales as a result of the sportswear maker’s decision…
from https://www.bizjournals.com/baltimore/news/2018/08/29/under-armour-has-been-difficult-for-dicks-ceo-says.html?ana=RSS&s=article_search
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