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Under Armour‘s North America Struggles Continue

Under Armour‘s North America Struggles Continue

Under Armour’s second-quarter results were basically in line with expectations and officials indicated that the company’s strategic transformation program is progressing on plan. Shares of Under Armour, however, fell 12.2 percent on Tuesday as sales targets for North America for the year were reduced and Q3 results were guided below Wall Street expectations. (Read More)

Under Armour Posts Q2 Loss, Lowers Outlook For North America

Under Armour Posts Q2 Loss, Lowers Outlook For North America

Under Armour Inc. reported a loss of $17 million in the second quarter on modest revenue growth. The loss came in just ahead of Wall Street's targets while sales were slightly below. Under Armour maintained its guidance for EPS and top-line growth for the year but raised expectations for operating profit growth and reduced growth targets in North America. (Read More)

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