Under Armour Exec Expects Q2 Revenue To Be Flat To Down Slightly
Portfolio Pulse from Benzinga Newsdesk
During a conference call, an executive from Under Armour (UAA) projected that the company's Q2 revenue will be flat or slightly down.
August 08, 2023 | 1:00 pm
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Under Armour's Q2 revenue is expected to be flat or slightly down, according to an executive's statement during a conference call.
The executive's statement indicates a potential slowdown in Under Armour's revenue growth. This could negatively impact investor sentiment and put downward pressure on the stock price in the short term.
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