SPORTS BUSINESS

November 13th, 2017 | by CollegeAD
SPORTS BUSINESS
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Welcome to the sixth episode of Full-Court Finance, a podcast from Zacks Investment Research focused on the intersection of sports, business, and the stock market. On this week’s episode, we take an in-depth look at Under Armour’s UAA climb from startup to multibillion-dollar sports apparel powerhouse, and why its fortunes changed so quickly. Shares of Under Armour have fallen off a cliff in 2017, and Kevin Plank’s company recently posted its first quarterly sales decline since going public more than a decade ago. The reasons behind Under Armour’s third-quarter slump range from shifting domestic shopping habits, to declining sales at sports retailers such as Foot Locker FL and Dick’s Sporting Goods DKS , as well as consumers’ newfound love for athleisure. – Benjamin Rains, nasdaq.comRead More

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