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Under Armour said on Friday its sales decline would worsen this quarter as still-high inflation and tariff uncertainty weigh on demand in North America, sending the sportswear maker’s shares down 17 percent in premarket trading.
The retailer has struggled to drive up demand in the past two years and efforts to revive the business have hit more roadblocks in recent months due to the Trump administration’s shifting tariff policies.
Maryland-based Under Armour had brought back founder Kevin…
