Under Armour Q1 Earnings Call Highlights

Under Armour reported first-quarter financial results that prompted a downward revision to full-year revenue expectations, though the company maintained its adjusted operating income guidance. The athletic apparel company posted sales of $1.1 billion, representing a 3% decline from the prior year, as consumer demand weakened in key markets including North America and Asia-Pacific. The softer sales environment was attributed to reduced wholesale orders during spring and summer months and increas