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.
Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) on Thursday reported lower earnings and revenues for the first quarter of 2024. Earnings, however, exceeded analysts’ forecasts. First-quarter profit, excluding
Costco Wholesale Corporation (NASDAQ: COST) stands out in the retail space for its unique business model that enables the warehouse behemoth to grow store traffic and market share constantly. Currently,
Shares of Hormel Foods Corporation (NYSE: HRL) soared over 13% on Thursday after the company delivered better-than-expected earnings results for the first quarter of 2024 and reaffirmed its outlook for