Under Armour, Inc. (NYSE: UAA) reported first-quarter 2020 earnings results before the regular trading hours on Monday. The results were weaker than what analysts had anticipated.
Speaking on the impact of COVID-19 on the firm, CEO Patrik Frisk said, “Like so many businesses, we’ve had to make very difficult decisions, including temporarily laying off teammates in our U.S. retail stores and distribution centers along with other actions to ensure we protect Under Armour’s financial stability.”
UA shares fell 2% immediately following the announcement. The stock has declined 52% in the trailing 12 months.
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock