Under Armour Gets Thumbs Up from S&P Global
Under Dog’s reduced inventory levels, focus on cleaning up distribution, and low leverage led S&P Global to raise its outlook to positive from stable, while affirming UA’s BB issuer credit rating. UA’s progress is admirable, but the rating agency finds it “hard to discern” if the success will be sustainable going forward, once supply chain pressures and outsized consumer demand return ... Log in to view full article.