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Tag Archives: Kevin Plank

Under Armour cuts revenue forecast, faces federal investigation

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Following the revelation over the weekend that the federal government is investigating its accounting practices, Under Armour reported Monday that third-quarter revenues dropped 1% and said that it expects revenues for the year to fall short of expectations. The Baltimore-based ...

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Plank says Under Armour opposes Trump’s travel ban as analyst cuts target price

Under Armour CEO Kevin Plank. (Maximilian Franz/The Daily Record).

After a week of backlash from shoppers and his company’s most high-profile endorsees, Under Armour CEO Kevin Plank clarified his remarks about President Trump and his company’s commitment to equality and diversity in an open letter to Baltimore on Wednesday. ...

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