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Play by Play: Skechers (NYSE: SKX) Makes Flagship Racing Flat Available and DICK'S (NYSE: DKS) Announces Two Grand Openings

Chiefs Win First Super Bowl in 50 Years

Play by Play - the latest sports headlines and sports stock news

 

Point Roberts, WA and Delta, BC - February 3, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today's edition of Play by Play covering what's new in sports headlines and recent news from publicly traded companies in the sector.

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Play by Play; Skechers (NYSE: SKX) Makes Flagship Racing Flat Available and DICK'S (NYSE: DKS) Announces Two Grand Openings

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Stocks discussed: (NYSE:SKX) (NYSE:DKS)

Skechers (NYSE:SKX) has made its flagship racing flat, Skechers GOrun Speed Elite Hyper, available to all competitive runners for the first time. Michael Greenberg, president of Skechers, explained:

"Our design team and road testers work tirelessly to ensure that our performance running shoes are fast and deliver the latest innovations. The pure result of this effort is the Skechers GOrun Speed Elite Hyper-our flagship technical racing flat that represents everything we stand for in the category. We originally designed this shoe specifically for the elite athletes on our team-giving them the competitive edge to win races. Runners around the world have been asking when they could get a pair. We listened, and the Skechers GOrun Speed Elite Hyper is now available to anyone aiming for the podium. We expect the running community buzz generated by the Speed Elite Hyper will also shine the spotlight on our entire collection of award-winning performance running products."

Possibly as a consequence of this news, Skechers stock is enjoying a modest uptick today with an increase of about two percent trading price.

DICK'S Sporting Goods, Inc. (NYSE:DKS) has announced the opening of two DICK'S Sporting Goods stores this month. The two locations will be in Tyler, Texas and Birmingham, Alabama, the latter of which will also include a Golf Galaxy outlet. According to the press release:

For each Grand Opening weekend, customers will receive the chance to win great prizes and participate in fun activities. Customers will have the chance to meet special guests, such as former defensive tackle Randy White in Tyler, TX and former Alabama running back Josh Jacobs in Birmingham, AL.

Chiefs Win First Super Bowl in 50 Years

The Kansas City Chiefs came back from a 20-10 deficit in the fourth quarter to claim their first Super Bowl since 1970 (50 years) against the San Francisco 49ers.. Things went back-and-forth in the first two quarters with the 49ers' Robbie Gould opening the scoring with a field goal. San Francisco was in control for the third quarter, however, with another field goal from Gould plus a one-yard touchdown run by Raheem Mostert. However, despite throwing his second interception at the start of the fourth quarter, Chiefs' quarterback Patrick Mahones set up teammate Damien Williams with a 5-yard pass, earning Kansas City a touchdown that put them in the lead. Williams went on to score a 38-yard touchdown that would solidify the Chiefs' victory with a final score of 31-20.

CNN quotes Mahones, who went on to be named Super Bowl MVP:

"We kept believing. That's what we did all postseason. I felt like if we were down by 10, we weren't playing our best football. The guys really stepped up. They believed in me. I was making a lot of mistakes out there early. We found a way to win it in the end."

This is Kansas City coach Andy Reid's first Super Bowl win, after he lost against the Patriots in 2004 as coach of the Philadelphia Eagles. A quote from the AP indicates that Reid is already looking forward to another:

"I'm really excited about it. You get one, you want to get another. But we've got to backpedal a minute and enjoy this one, and then we'll get busy on the next one."

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