S&P upgrades Under Armour’s outlook

By Eugenio Di Maria 2022-02-21T16:50:00

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S&P Global Ratings has revised its outlook for Under Armour from stable to positive, citing high demand for its products, reduced promotional pricing and abnormally high cash balances. Indicating that they may be raised over the next 12 months, the agency affirmed its debt ratings for the company on the ...

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