Mizuho Securities Reiterates Buy on Under Armour (UA) Despite Concerns Over Sports Authority
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Go back to Mizuho Securities Reiterates Buy on Under Armour (UA) Despite Concerns Over Sports Authority
March 4, 2016 8:40 AM EST
Under Armour, Inc. (NYSE: UA) announced that it is reiterating its previously issued outlook for 2016 following the recent announcement by The Sports Authority of its commencement of a pre-arranged chapter 11 bankruptcy restructuring.
Based on current visibility, the Company continues to expect 2016 net revenues of approximately $4.95... More
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Nike (NYSE: NKE) and Under Armour (NYSE: UA) traded lower Wednesday after Sports Authority filed to restructure under Chapter 11 of the U.S. Bankruptcy Code. As part of the restructuring, Sports Authority identified approximately 140 stores and two... More
