Quantcast

Under Armour lowers 2016 outlook with Sports Authority liquidation

Under Armour has lowered its 2016 revenue outlook to $4.925 billion, down slightly from the $5 billion outlook the company announced during its first-quarter earnings release in April. The Baltimore sports company announced the lower outlook Tuesday afternoon in response to a bankruptcy court decision to liquidate Sports Authority instead of allowing the business to be ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*