Under Armour Downgraded on Tariff Headwinds
Moody’s said that pressured consumer spending and rising tariffs could hurt Under Dog’s earning over the next 12 to 18 month, and lowered its corporate family rating to Ba3 from Ba2, while also downgrading its issue level and other ratings. The headwinds are likely to delay UA’s turnaround strategy, which the ratings ... Log in to view full article.