Diamonds and Dogs

3/14/24

Dicks (DKS) reports better than expected earnings. The sports retailer is jumping 15% after beating by 49 cents as sales rose 7.8% year/year to $3.88 billion. The company also hiked their dividend by 10% as they said they just finished out their best quarter ever in terms of sales.

Under Armour (UAA) going the wrong way. The athletic apparel stock is down 10% as they fire the CEO and replace her with the founder. Stephanie Linnartz thought she had three years to turn around Under Armour. Instead, she's leaving after just one year. Founder Kevin Plank will take over the CEO spot, effective April 1.

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