Quantcast

Morgan Stanley: Under Armour faces ‘weak’ sales environment

Under Armour's slightly lowered outlook for 2016 in response to the liquidation of The Sports Authority points to slowed growth in the Baltimore brand's U.S. apparel business, Morgan Stanley analysts said in a note published Wednesday. "A key tenet of our thesis is that UA’s US apparel business is slowing and we think this news confirms ...

Leave a Reply

Your email address will not be published.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

*