Friday, August 9, 2019

Under Armour Q2 mixed as sales continue to fall at home

Under Armour reported mixed second-quarter results amid a year-long sales decline in North America that shows no signs of stopping anytime soon.

The athletic apparel company had a net loss of $17.3 million, or 4 cents per share, in the quarter ended June 30, compared to a loss of $95.5 million, or 21 cents per share, last year. Analysts has expected a loss of 5 cents per share. . . . more