Reported about 12 hours ago
Under Armour has increased its annual profit forecast after surpassing third-quarter expectations, driven by reduced discounts and growing demand in North America and Asia. Despite an 8% revenue decline in North America, the brand's efforts in marketing and full-price sales have led to improved margins. The company is projecting adjusted annual earnings per share between 28 and 30 cents, while reporting quarterly revenue of $1.40 billion, exceeding analyst expectations.
Source: YAHOO