Tuesday, January 9, 2018

Under Armour brand 'at risk' as it sells at discount retailers, analyst warns

Shares of Under Armour Inc. were down more than 5 percent in trading Tuesday morning after an analyst from Susquehanna Financial Group downgraded the stock to negative. The analyst, Sam Poser, was blunt in his assessment of the Baltimore sportswear maker: “Sell UAA. The Under Armour brand remains at risk.” After a tumultuous 2017, Poser expects Under Armour to continue to struggle this year. The brand is “at a crossroads,” Poser wrote, and needs to pull its products from “moderate retailers” like…



from https://www.bizjournals.com/baltimore/news/2018/01/09/under-armour-brand-at-risk-as-it-sells-at-discount.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/169507821192

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