🔴 Under Armour is trading 4% down today after Dick’s Sporting Goods cut full-year profit outlook

Under Armour is trading 4% down now at $5.02 after a broader sportswear-sector selloff followed Dick’s Sporting Goods cutting its full-year profit outlook, signaling margin pressure across athletic-apparel companies.

• The decline is occurring despite Under Armour announcing a 10-year extension with the Baltimore Ravens on August 25, 2026.
• Earlier Barclays concerns about delayed brand recovery, competition, and weak consumer sentiment remain additional overhangs.