Still digging out from its inventory issues left over from 2017, Under Armour reported a net loss of $30,244,000 this year against a loss of $2,272,000 prior for the first quarter ended Mar. 31 as sales improved 6% to $1,185,370,000 from $1,119,844,000. The result included $37.5 million in restructuring charges this year. A similar result is expected for Q2 but by that time Under Dog believes its inventories will be more closely aligned with sales and it reiterated its guidance for the year of a low-single-digit gain on the top line and operating income of $20-30 million that includes some ... Log in to view full article.