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Under Armour beats second-quarter sales, profit estimates, expects challenging year-end

November 9, 2023

Under Armour beat Wall Street’s sales and profit expectations in the second quarter, but warned on Wednesday that the second half of the year would be difficult. The Baltimore-based sports apparel and footwear maker has been navigating a challenging retail environment amid high inflation and increased promotions. Under Armour’s stock rose 21 cents per share Wednesday to close at $7.42 each.

Article Source: Baltimore Sun

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