No.1 Cutting-edge Technology Show제12회 스마트테크 코리아 (STK 2023)28-30 June 2023 | Seoul, COEX
[Retail] Under Armour raises outlook as company defends high inventory level
(사진=CNBC)
Under Armour reported holiday quarter earnings Wednesday that beat Wall Street’s expectations,
but the retailer is contending with a growing inventory glut that heavy promotions and discounting failed to alleviate.
The stock closed 8% lower Wednesday at $9.88, giving it a market value of $4.47 billion.
Despite the inventory challenges, the athletic apparel company raised its earnings outlook for the fiscal year.
It now expects to see per share earnings 52 cents to 56 cents, compared to the previously expected range of 44 cents to 48 cents.
Here’s how Under Armour did in its fiscal third quarter compared with what Wall Street was anticipating,
based on a survey of analysts by Refinitiv:
.
중략
기사 원문 보기
상호 : 주식회사 엑스포럼대표 : 신현대 사업자번호 : 120-86-50341
참관문의 : 02-6000-6679/7717 Fax.02-2051-6712E-mail. tech@smarttechkorea.com
이메일무단수집거부 | 이용약관 | 개인정보처리방침COPYRIGHT SMARTTECHKOREA. ALL RIGHT RESERVED.
상호 : 주식회사 엑스포럼 대표 : 신현대 사업자번호 : 120-86-50341
참관문의 : 02-6000-6679/7717 Fax.02-2051-6712 E-mail. tech@smarttechkorea.com
COPYRIGHT SMARTTECHKOREA. ALL RIGHT RESERVED.
(사진=CNBC)
Under Armour reported holiday quarter earnings Wednesday that beat Wall Street’s expectations,
but the retailer is contending with a growing inventory glut that heavy promotions and discounting failed to alleviate.
The stock closed 8% lower Wednesday at $9.88, giving it a market value of $4.47 billion.
Despite the inventory challenges, the athletic apparel company raised its earnings outlook for the fiscal year.
It now expects to see per share earnings 52 cents to 56 cents, compared to the previously expected range of 44 cents to 48 cents.
Here’s how Under Armour did in its fiscal third quarter compared with what Wall Street was anticipating,
based on a survey of analysts by Refinitiv:
.
.
.
중략
.
.
.
기사 원문 보기