Sportswear maker Under Armour predicts a worsening sales decline this quarter, citing soft demand and $100 million in additional tariff-related costs for the year. Efforts to revive the business have faced obstacles due to shifting tariff policies under the Trump administration. CEO Kevin Plank considers raising prices for certain consumers to offset challenges. The company expects a significant dip in operating income and a 6-7% revenue decline in the current quarter. Revenue for the first quarter fell 4% to $1.13 billion, with adjusted profit per share missing estimates.

Read more at Yahoo Finance: Under Armour expects sales to fall more as US tariffs could hit demand