Under Armour: Weak Sales And High Inventory Merits Caution

Summary

  • Under Armour continues to struggle with declining sales, particularly in its key North American market.
  • The challenging retail environment in the US, with increased promotional strategies and high inventory levels, has contributed to the decline.
  • The company's direct-to-consumer business shows promise, but the lack of focus and clear message about the brand remains a challenge.

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Martinns

Under Armour, Inc. (NYSE:UAA) has long suffered from declining sales. A trend that has continued in its most recent quarter. These sales declines are likely to persist in the upcoming quarters and will be exacerbated by continued weakness in

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