01-31-2017, 11:25 PM
The Motley Fool - wrote:full story linky
For the fourth quarter ended Dec. 31, Under Armour reported sales growth of just 12% year over year -- breaking its 26-quarter streak of at least 20% sales growth. For the full year, the company reported sales growth of 22% over 2015, and net income up 11%. For 2017, the company now expects sales to rise just 11%-12% over 2016. Multiple firms have downgraded the stock today, with concerns including the departure of CFO Chip Molloy after one year in that role.
might be a good time to buy
