Under Armour
Under Armour expects bigger charges from restructuring plan
UNDER Armour lowered its outlook for its current fiscal year, saying the company’s restructuring plan is going to cost more than management predicted.
Under Armour forecasts downbeat annual sales and profit, shares slump
UNDER Armour forecast a surprise drop in annual sales and projected profit below analysts’ estimates on Thursday (May 16), as the apparel maker laid out a plan to simplify its business in the face of ...
Under Armour profit view hit by higher costs, China lockdowns
UNDER ARMOUR on Friday (May 6) forecast full-year profit below Wall Street estimates, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed Covid-19 ...
Under Armour cuts annual forecasts as sportswear demand slumps
UNDER Armour cut its annual revenue and profit forecasts on Thursday (Nov 3), as the sporting goods company contends with weakening demand from consumers ahead of the crucial holiday shopping season a...
More US retailers shut stores to limit virus spread
MORE major retailers said on Sunday they would shut stores in the United States to limit the spread of the coronavirus, including Nike, Under Armour and Lululemon Athletica, a day after similar moves ...
Under Armour stock drops after it cuts yearly forecast
[NEW YORK] Just a few years ago, Under Armour was on fire.
Under Armour faces federal probe over accounting practices
[BENGALURU] Under Armour Inc is under investigation by US federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the...
Nike's tech ambitions on full display in its pick of ex-eBay CEO
[NEW YORK] After turning e-commerce and apps into a centrepiece of its operations, Nike Inc is taking the next logical step: hiring a tech CEO.
After Merck, CEOs of Intel, Under Armour leave Trump panel over rally
[NEW YORK] The chief executives of Merck, Intel and Under Armour resigned Monday from a White House advisory panel on manufacturing after President Donald Trump's initial failure to explicitly condemn...
Under Armour CEO hammered by analyst for praising Donald Trump
[NEW YORK] Under Armour Inc's chief executive officer made a mistake praising President Donald Trump, and the move could take a toll on the company's reputation and stock price, according to a Susqueh...
