UAA - Under Armour Has Now Reopened Almost Half of Its Company-Owned U.S. Stores
In an update on its retail operations, Under Armour (NYSE: UA)(NYSE: UAA) said that as of Friday, it will have opened nearly 50% of its branded, company-owned stores in the U.S. It said it will continue to open its doors on a case-by-case basis, in line with rules and conditions set by public officials.
Under Armour said it will also follow a set of protocols it has drafted to keep its shoppers and "teammates" (employees) as safe and healthy as possible. These include store occupancy limits, the mandatory wearing of masks for both employees and customers, the placement of hand sanitizing stations, and a temporary closure of all fitting rooms. These rules will be posted throughout every opened store.
Image source: Under Armour.