Under Armour Slides As Revenue Miss, Weak Outlook Overshadow EPS Beat
Under Armour Earnings beat EPS estimates, but revenue missed as softer demand pushed shares lower and cut the sales outlook.
Under Armour made more profit per share than expected, but sold less stuff than people hoped for, so the company said future sales might be weaker. When a company sells less and lowers its promises, that's a sign customers might be buying less of their products right now.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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