USSTOCK.TODAY
Pre-Market
Log in Sign up

Under Armour Q2 revenue falls 7% amid weak performance

WWD · ·by G4L

UA
UA Under Armour Inc
$5.28 +3.73%
View chart & analysis →
UAA UAA +3.41%
  1. 1Under Armour recorded a 7% decrease in revenue for the quarter ended September 30.
  2. 2Under Armour shares traded at $5.28 during intraday trading.
  3. 3CEO Kevin Plank announced a decision to transition the baby apparel business to an expanded licensing model with Centric Brands.

So what's the key point?

Under Armour's performance was weak as revenue fell by 7%. The stock price reached $5.28 following a decision to change the business model for the baby apparel division.

Source WWD · View original ↗

Related 3-line summaries

Under Armour records $1.2 billion in Q2 revenue while pursuing product line reduction The Motley Fool +1 · 2d agoUnder Armour plans 25% SKU reduction amid declining sales and net loss Retail Dive · 2d agoUnder Armour Q2 revenue hits $1.2 billion, down 7% The Motley Fool +1 · 3d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news