Reported net income up 21% E-Commerce up 47%. D sporting goods is a company where UA has double digit comps; the only company I shall remid you that has double digit comps in D's Sporting goods! This was a great eport for us as it just continues to confrim what UA is doing and telling us their earnings! That's why we have the pop.
One should take notice of Nike and look at that limp puppy. They are not UA. We are not related to them in the sense that we are an up and coming brand and they are becoming a has-been. You can disagree with me all you want, but the stock performance says it all. So does Nike's net income decling YOY for the last several quarters and counting.
Not sure if this price holds as I don;t entirely believe the funds that were pushing this down have finished pushing down. This might be some respite, some selling into this pressure, only to push it down even more in the next couple of weeks to steal more shares. Earnigns don;t mean anything in the short term. Not hing means anything in the short term. it is dog eat dog, and there are no rules.