Under Armour sales fall after retailer cuts discounts, promotions in bid to be more premium
Under Armour(UA) CNBC·2024-08-08 19:53
Under Armour apparel is displayed at a Dick's Sporting Goods store on May 16, 2024 in Petaluma, California.Under Armour on Thursday said quarterly sales fell 14% in North America, and adjusted its full-year profit guidance after settling a years-old securities lawsuit for $434 million.Still, the company beat Wall Street's expectations on the top and bottom lines.Here's how the athletic apparel company did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analy ...