Under Armour: From Problem Child to Highflyer! Under Armour Forces a Comeback with Radical Restructuring!

Instead of just looking at the top performers, let's take a look at the underperforming sectors. Often, promising candidates for a turnaround can be found here. This is also the case in the "Apparel Manufacturing" industry of cyclical consumption. Under Armour has surged over 41% in just one month. What happened here? Under Armour markets performance apparel in the sports sector Large restructuring program consumes 255 million USD in severance payments Despite a decline in sales, profits exceeded expectations Under Armour...