Tag: Under Armour profit

Industries, Retail & Wholesale

Under Armour profit to take hit from higher costs, China curbs; shares tank

May 6, 2022


Under Armour Inc forecast full-year profit below estimates on Friday, as the sportswear maker grapples with higher transportation costs and a hit to its business from renewed COVID-19 curbs in China. Shares of Under Armour (NYSE:UA) tumbled over 21% in […]