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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100