Under Armour shares fall as Dick's Sporting Goods blames the athleisure wear company for weak sales
The company was called out by Dick's Sporting Goods for contributing to the retailer missing sales expectations during the latest quarter. Under Armour UAA shares tumbled Wednesday after Dick's Sporting Goods DKS blamed the athleisure wear company, in part, for missing sales expectations during the latest quarter. The moves by Under Armour have frustrated companies like Dick's that try to sell inventory at higher prices.