Under Armour Inc. shares are down sharply in pre-market trading Tuesday as the comeback for the sportswear maker hit a snag after reporting a loss and lower-than-expected sales in second quarter. Baltimore-based Under Armour reported a loss of $17.3 million, or four cents per share, in the second quarter compared to a loss of $95.5 million, or 21 cents per share, in the prior-year year quarter. Analysts polled by the Thomson Financial Network projected a loss of five cents per share. Under Armour's…
from https://www.bizjournals.com/baltimore/news/2019/07/30/under-armour-shares-down-after-sales-miss.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/186652163707
No comments:
Post a Comment