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The other shoe has dropped for struggling sneaker company Under Armour.Under Armour reported quarterly sales Tuesday that fell nearly 5% from a year ago, missing forecasts badly. The company also lowered its outlook for the year again.That news sent the company's two classes of stock down more than 15% Tuesday. They had already lost nearly half their value for the year ahead of the earnings report. (Under Armour's UAA shares have voting rights while the UA shares do not.)CEO Kevin Plank said in the earnings release that the biggest problem is lower demand for its shoes and athletic apparel in its home market of the United States.The Baltimore-based company has been growing internationally, with sales surging in Europe, Latin America and Asia during the quarter.But those markets are still relatively tiny for Under Armour. Revenue in North America makes up more than three-quarters of its overall sales -- and those sales plunged 12% in the third quarter.It's a stunning fall from grace for Under Armour, which not that long ago was gaining market share at the expense of Nike and Adidas.The company signed Golden State Warriors star Steph Curry a few years ago, a move that seemed like a slam dunk success, since Curry has gone on to win multiple NBA MVP awards and two championships.But several iterations of the Curry shoes have routinely been mocked on social media for not looking cool. Even Curry's teammate Kevin Durant, who endorses Nike, poked fun at Under Armour earlier this year.Making matters worse, there have been reports of supply chain issues with the new Curry 4 line of sneakers. And Under Armour confirmed during its conference call with analysts Tuesday that it will delay some products to the fourth quarter.Under Armour also suffered from bad PR earlier this year after Plank agreed to join the White House's now defunct manufacturing council. Plank said in an interview with CNBC that "a pro-business president is something that is a real asset for the country."Curry told The Mercury News that he agreed with Plank -- but only "if you remove the 'et' from asset." Other professional athletes have been vocal about their disagreements with Trump as well.As such, Plank -- like many other CEOs -- has distanced himself from Trump lately.After Trump was reluctant to criticize neo-Nazis at a white supremacist rally, he then bashed Curry for not wanting to visit the White House and attacked athletes who protested the national anthem. Under Armour has come to the defense of its star endorsers.But that hasn't been enough to rejuvenate Under Armour's flagging sales or stock price.Meanwhile, Adidas has thrived in the past year while Under Armour and Nike have both struggled. Even Skechers has enjoyed a resurgence lately.So what can Under Armour do to get back on track? Neil Saunders, managing director of the research firm GlobalData Retail, wrote in a report that the company should continue to focus on expanding globally, which has been successful for Under Armour.But Saunders added that the company has to do more to court women as consumers, as Nike, Adidas and yoga apparel king Lululemon have successfully done."Under Armour is not so broken that it cannot be fixed. But the days of glory, when it would post double-digit uplifts in sales, are over. Now is the time to work out, slim down, and become more competitive," Saunders wrote.  3394

The largest wildfire in Colorado history grew overnight as high winds pushed the blaze through rural communities and the forecast predicts more “extreme fire behavior” on Saturday. Cass Cairns, a spokeswoman for the Cameron Peak fire efforts, says gusts of up to 70 mph overnight created “very significant” fire activity, especially along the southeast section. Officials say they're facing the same critical fire conditions today as yesterday. They’re expecting gusts of 60 mph midday. Boulder County fire officials warned of a new fire that forced the evacuation of Jamestown Saturday afternoon. 605

The president has signed the covid relief/government funding bill, several sources told me.— Jake Sherman (@JakeSherman) December 28, 2020 152

The hottest gift this holiday season is a new gaming system under the tree.Microsoft's new XBox Series X and Sony's new PlayStation 5 are the hardest-to-find items this Christmas, quickly becoming the Furby or Hatchimal of 2020.To make it even more frustrating, some people who ordered one are ending up with nothing after a Kohl's website malfunction, Walmart Thanksgiving night fail, and Amazon package thefts.Kohl's, Walmart frustrationJerris Williams is one of the few lucky ones: he showed us his new PS5, which he found at Target the other morning at 6 a.m."We finally got one," he said, "and it was almost like a lottery."He thought he found one on Kohl's website a couple of days earlier, as did thousands of other shoppers."Kohl's went live, which means they were starting to sell the PlayStation 5," he said. "And that went on at 1:30 in the morning."Williams quickly got a confirmation from Kohl's that a PS5 was on the way, only to have his hopes dashed hours later."We were happy, excited, celebrating. And then the next morning, they canceled on us."Kohl's confirms to us that it was unable to fill all PS5 orders.The electronics blog Techspot suspects thousands of people were left empty-handed by the website glitch.The one consolation: Williams gets to keep 0 in bonus Kohl's cash for his trouble. Kohl's says it is still giving bonus cash to all the people who had their orders canceled."I'm doing the math in my head," he said. "All my friends have the same thing, so that's a lot of money that they are all giving away for nothing."Walmart website failWalmart attempted to do shoppers a favor Thanksgiving night, announcing they were putting up several thousand PS5s at 9 p.m.But most shoppers ended up like Stephanie Meibers, with an error message when they tried to grab one the minute the Walmart site went live."I tried to add to cart," she said. "Then you get the 'oh dear' message, a little dog with antlers, and then I get 'We are getting temporary internet issues.' Then the next thing it said it was out of stock, and 'We have moved it to your save for later folder.'"Tech sites blame what they call "Grinch bots," automated programs that grabbed the inventory immediately, before shoppers could get out their credit cards.Complaints of Amazon switcheroosBut Kohl's isn't the only retailer trying to soothe angry and frustrated customers right now.With Amazon, it's a whole different problem.Some Amazon customers (most in England so far) are posting photos of other things they claim showed up in their XBox or PS5 shipping box.Buyers claim they received everything from brown paper, to a foot massager, to a box of Purina cat food. 2675

The nationwide group behind the Women's March is organizing a national school walkout following Florida's high school shooting.The group is calling for students, teachers and parents to take part in walking out of school for 17 minutes - a nod to the 17 lives lost in the Feb. 14 shooting - to "protest Congress' inaction to do more than tweet thoughts and prayers in response to gun violence.""Enough: National School Walkout" is being scheduled for 10 a.m. local time across the U.S. on March 14.Organizers posted the event to Facebook with a message, reading in part:"We need action. Students and allies are organizing the national school walkout to demand Congress pass legislation to keep us safe from gun violence at our schools, on our streets and in our homes and places of worship." 804