Amid growth slowdown, Under Armour announces restructuring

Under Armour CEO Kevin Plank announced a restructuring plan Tuesday, including job cuts and lowered revenue predictions, part of a corporate pivot that shareholders could welcome. Two years ago, Under Armour stock closed at $51 a share on July 31st. Last year, on Aug. 1, it closed at $39 a share, down from 2015, but …

from http://thedailyrecord.com/2017/08/01/amid-growth-slowdown-under-armour-announces-restructuring/

Advertisements

Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s