Under Armour’s stock dives, as CEO doesn’t like what tariffs are doing to profits - MarketWatch
1. Under Armour's outlook predicts a significant revenue decline for the quarter. 2. CEO states ongoing tariffs contribute to mounting cost pressures and demand issues. 3. Stock dropped 17.5%, marking the largest post-earnings fall since May 2022. 4. Adjusted earnings forecast fell well below market expectations and prior year's profits. 5. Company faces challenges not seen since 2007 amid restructuring and impairment costs.