Under Armour CEO Kevin Plank and Tesla Motors CEO Elon Musk were among top executives who met Monday with President Donald Trump.
Trump said the administration would be cutting business regulations and taxes.
Fast-growing Under Armour’s stated goals are to hit $7.5 billion in sales by 2018, up from nearly $5 billion this year. The Baltimore-based apparel, footwear and fitness technology company has been expanding its reach globally.
The newly-inaugurated president told the business leaders he wants to lower taxes for the middle class and for companies to “anywhere from 15 to 25 percent,” down from 35 percent, according to AP.
An Under Armour spokeswoman...