Friday, June 14, 2024 | Baltimore, MD
FOLLOW US:

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

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.