
The Potential for Cuts, ADP vs. BLS, Health of Housing 8/7/23
The Exchange
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Under Armour: A Tough Market to Crack
Under Armour is down more than 22% this year. The company just announced some executive changes at the end of June, including plans to ship the COO World Chief Supply Chain Officer. International and footwear growth will be key according to Raymond James as the US at apparel segments are still under pressure that firm also says they expect Under Armour to discount merchandise in order to clear its high inventory could hit margins.
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