Under Armour reports revenue drop as broad-based weakness leads to steeper-than-expected third-quarter sales decline
Corroborated by 2 sources from 2 publishers
globalbusiness5h ago
TL;DR
Under Armour said its revenue fell and it flagged broad-based weakness, noting a steeper-than-expected decline in third‑quarter sales.
Sources
1
Dow Jones U.S. Business
https://www.wsj.com/business/earnings/under-armour-revenue-falls-on-broad-segment-declines-381d839c?mod=pls_whats_news_us_business_f
9h ago
2
Investing.com News
https://www.investing.com/news/stock-market-news/under-armour-warns-of-bigger-middle-east-hit-cuts-annual-gross-margin-growth-target-5008020
5h ago