Under Armour Inc. shares slipped 2.7% in Monday premarket trading after analysts say the Curry 4, a new shoe release bearing the name of NBA superstar Steph Curry, was late to stores. The Curry 4 was supposed to be released on Friday, according to Susquehanna Financial Group. The kid’s shoe was available on Under Armour’s, Foot Locker Inc.’s , Dick’s Sporting Goods Inc.’s and Hibbett Sports Inc.’s websites, but pre-orders were available for the adult shoes, now available on Nov. 18. “It appears as if a combination of issues relating to Under Armour’s SAP implementation and some last minute design changes caused the delay,” wrote analysts led by Sam Poser. “Retailers with whom we have spoken are not happy and concerned that when the Curry 4 does arrive, the target customer will have already moved on to other things.” Under Armour shares are down more than 48% for the past year while the S&P 500 index is up 21.4% for the period.
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