Under Armour first-quarter sales top estimates, retailer hikes full year outlook

cnbc2021-05-04

KEY POINTS Under Armour reported first-quarter sales and earnings that topped analysts’ estimates. The sports apparel maker also raised its outlook for revenue for the full year. The retailer now ...

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Comments

jeffffffff
2021-05-04
jeffffffff
Bravo
Alvin1975
2021-05-04
Alvin1975
Like and comment pls
BpchuA
2021-05-04
BpchuA
Nike better
Agnes321
2021-05-04
Agnes321
Please like and respond
- Agnes321:
  Thanks
- Alvin1975:
  Like and comment pls
Rachz
2021-05-04
Rachz
Wow
FrankPang
2021-05-04
FrankPang
Come comment here
- Btyc:
  Help to like and comment too

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In the year-ago period, Under Armour’s sales tumbled more than 20%, as its business took a blow from the coronavirus pandemic and its stores were forced shut, freezing turnaround plans.\nOn Monday, Under Armour said it agreed to pay the Securities and Exchange Commission $9 million to settlecharges that it mislead investorsfrom 2015 to 2016 by recording $408 million in sales that it expected to complete in future quarters.\nThe retailer settled the charges without admitting or denying the findings in the SEC’s order. Under Armour had also been responding to requests for documents and information from the U.S. Department of Justice, and said Monday that it hasn’t received any requests from the DOJ since the second quarter of 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