Tough third quarter for Under Armour
01/11/2017
Sports brand Under Armour has reported its results for the third quarter. Its revenues were down by 4.5% compared to the same quarter in 2016, reaching just over $1.4 billion. Gross profit for the quarter was $645.3 million, down by 7.6% compared to the third quarter of last year. Apparel sales contributed 67% of the total, footwear 20.3% and...