Athletic apparel maker Under Armour Inc on Monday reported a 23% fall in quarterly revenue, as retailers across the world remained shut due to the COVID-19 pandemic.
) on Monday reported a 23% fall in quarterly revenue, as retailers across the world remained shut due to the COVID-19 pandemic.
Several retail and department stores that sell Under Armour merchandise were also closed during the final weeks of the quarter. The Baltimore-based company reported a net loss of $589.7 million, or $1.30 per share, in the first quarter ended March 31, compared with a profit of $22.5 million, or 5 cents per share, a year earlier.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Stocks making the biggest moves in the premarket: AMC, Cardinal Health, Marriott, Under Armour & moreThe stocks making the biggest moves in premarket trading include AMC, Cardinal Health, Marriott, Under Armour, and more.
Weiterlesen »
Under Armour sales plummet 23%, retailer reports net lossConor Flynn, Kimco Realty CEO and president, join 'Power Lunch' to discuss the reopening of his shopping centers and the changes in the retail industry as the coronavirus pandemic continues.
Weiterlesen »
A Top Running Shoe Brand Just Dropped A Fashion SneakerOn's new sneaker, which retails for $150, applies more to lifestyle than the avid runner, but it still boasts the brand's signature performance tech features.
Weiterlesen »
The Mother-Daughter Duo Bringing Socially-Distanced Fashion to the Streets of ParisThis Parisian mother-daughter duo is living a full out fashion fantasy during their socially distant walks.
Weiterlesen »
Boris Johnson: No end to Britain’s lockdown but go to work if you canBoris Johnson's plan to 'modify' the United Kingdom's lockdown is a bid to keep all sides happy
Weiterlesen »