Under Armour (UA) Higher On Strong Dick's (DKS) Results
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Under Armour, Inc. (NYSE: UA) is seeing a solid bid early Tuesday in light of strong results at sporting goods retailer Dick's Sporting (NYSE: DKS), a huge Under Armour customer.
From UA's 10-K:
In 2011, our two largest customers were, in alphabetical order, Dick’s Sporting Goods and The Sports Authority. These two customers accounted for a total of 26% of our total net revenues in 2011, and one of these customers individually accounted for at least 10% of our net revenues in 2011.
Shares of UA last traded at 95.46, up 1.5%.
From UA's 10-K:
In 2011, our two largest customers were, in alphabetical order, Dick’s Sporting Goods and The Sports Authority. These two customers accounted for a total of 26% of our total net revenues in 2011, and one of these customers individually accounted for at least 10% of our net revenues in 2011.
Shares of UA last traded at 95.46, up 1.5%.
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