News

Under Armour revenue up 22.9%

25/04/2012

US sports brand Under Armour recently posted better-than-expected first-quarter 2012 results. The company outdid expectations on the back of new and innovative products introduced to enhance market share. Under Armour’s net revenue came in at $384.4 million, up 22.9% from the year-ago quarter, and came ahead of the Zacks Consensus Estimate of $379 million.

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