Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

Under Armour Expects 10% Revenue Headwinds in Upcoming ‘Transition’ Quarter

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Under Armour saw revenue increase 9 percent to $1.53 billion, and improve 8 percent on a currency-neutral basis, compared to the 2020 fourth quarter on net income of $110 million. Despite the earnings and sales beat, the athleticwear and footwear retailer’s stock dropped 7 percent in early Friday morning trading after what execs called 10…

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!