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Tuesday, October 31, 2017

Under Armour slashes 2017 forecast, revenue falls

(Reuters) - Under Armour Inc slashed 2017 sales and profit forecasts and reported its first year-on-year fall in revenue in the third quarter as it took an $85 million charge for restructuring and faced fierce competition from Nike and Adidas .



from Reuters: Business News http://ift.tt/2iQ5qk5

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