Tag: sportswear

On Holding Cuts Sales Outlook as Consumer Demand Weakens, Shares Slide

On Holding shares slid after the Federer-backed sportswear maker cut its annual sales outlook and missed quarterly revenue estimates on weaker consumer dem

Under Armour Deepens Annual Sales Forecast Cut on Weak North America Demand

Under Armour lowered its full-year revenue forecast after first-quarter sales fell, citing weak North America demand and tariff pressures.

Adidas Shares Slide Record 17% as Profit Miss Overshadows Raised Sales Outlook

Adidas shares fell a record 17% after a 30% jump in marketing spending and a profit miss overshadowed the company's raised 2026 sales outlook.

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