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Volume 26 No. 179
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Under Armour Sees Big Decline In Q1 As Pandemic Upends Retail

Under Armour today reported a sales decline of 23% for Q1 as its business "took a blow from the coronavirus pandemic and its stores were forced shut, freezing its turnaround plans," according to Lauren Thomas of CNBC.com. The company said that it plans to cut about $325M in operating costs in ...

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