Kevin Richardson / Baltimore Sun

Under Armour posts $183 million quarterly loss but better-than-expected results

From www.baltimoresun.com
By
Lorraine Mirabella
Kevin Richardson / Baltimore Sun

Under Armour turned in better-than-expected financial results for the second quarter amid store closures during the coronavirus, but still posted a steep loss as sales of sports apparel and footwear plummeted both in the U.S. and elsewhere.