Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Under Armour Sees 41% Revenue Plunge, Warns of Supply Shortage Ahead

Learn how to get a handle on financials, inventory and consumer insights to create a nimble enough supply chain to react in these uncertain times. Join Tentree and Oracle NetSuite Aug. 19 at 2 pm ET.

Revenue at Under Armour fell 41 percent to $707.6 million in the second quarter, with the company incurring $182.9 million in net losses. The bulk of the sales declines came through the wholesale category, which fell 58 percent. Total revenues remained well ahead of Wall Street’s $543.8 million projections, though Under Armour expects more sales…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!