Wall Street beat up Under Armour Inc. on Tuesday amid concerns about the sportswear maker’s continued challenges in North America. Baltimore-based Under Armour reported sales grew 1% percent in the second quarter to $1.19 billion, slightly below projections. While Under Armour did not change its expectation of growing company-wide sales 3% to to 4% this year, it did alter its guidance for North America from “flat” to a “slight decline.” It’s an indication that Under Armour is still struggling to…
from https://www.bizjournals.com/baltimore/news/2019/07/30/under-armour-execs-try-to-stave-off-concerns-over.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186659509162
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