Under Armour Misses Sales Expectations, Swings to Unexpected Loss Due to Supply Chain Woes

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Under Armour Misses Sales Expectations, Swings to Unexpected Loss Due to Supply Chain Woes
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Under Armour reported an unexpected loss and sales below estimates as the company grappled with global supply chain challenges and Covid lockdowns in China.

on Friday reported an unexpected loss and sales below analysts' estimates as the company grappled with global supply chain challenges and Covid lockdowns in China.

Here's how the company did in the three-month period ended March 31, compared with what Wall Street was anticipating, based on a Refinitiv survey of analysts:$1.3 billion vs. $1.32 billion expectedDownload NBC 5 Dallas-Fort Worth

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