Footwear revenues double at Under Armour
30/04/2009
Sports footwear and apparel company Under Armour has reported a higher-than-expected profit for the first quarter of the trading year. The company said it felt consumers had continued spending money on athletic shoes, even as they cut back on other items.Net income rose 33% to $4 million, for the quarter ending March 31. This compared to $2.9...
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