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Supply Side Improvements Help Under Armour’s Q1, But North American Sales Still Disappoint

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Sales of running shoes and international business growth helped Under Armour Inc. turn the corner on first-quarter earnings results, as did a reduction in inventory levels. But declining North American sales remain a concern. In a Nutshell: Under Armour had what appeared to be a good first quarter, swinging to the black from the year-ago…

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