Under Armour shares on track for biggest one-day plunge after earnings miss, weak guidance

Shares of Under Armour Inc. slid as the company posted an unexpected decline in quarterly profit and issued a disappointing sales forecast for 2017 as the athletic gear maker said it struggled with its key North American business. For 2017, the company expects revenue to grow 11% to 12% to about $5.4 billion, sharply below the $6.06 billion analysts have predicted.