Home National Weather Under Armour beats first-quarter sales and profit estimates, expects stronger demand this year

Under Armour beats first-quarter sales and profit estimates, expects stronger demand this year

by DrewLUD
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Neil Saunders, managing director of GlobalData, argued that it’s more meaningful to compare the current performance to the first quarter of 2019. In that comparable period before the pandemic, Under Armour grew by 4.4%. By contrast, in the first quarter of 2020 when the pandemic started, sales plunged by almost 23%,

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Source: Baltimore Sun