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Under Armour refocuses on teen athlete market as its second-quarter earnings beat expectations

November 4, 2022

Shares of Under Armour surged Thursday after the Baltimore-based brand beat Wall Street’s expectations for second-quarter earnings. While the sports apparel and footwear maker lowered its outlook for the year because of a challenging retail environment, officials also unveiled new strategies Thursday to propel the company’s growth while maintaining the brand’s premium status.

Article Source: Baltimore Sun

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