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Under Armour reports first $1bn quarter

26/10/2015
Under Armour reports first $1bn quarter

US sportswear brand Under Armour has reported its 22nd quarter of greater than 20% growth in revenues, with totals for the third quarter up 28% to $1.2 billion.

Third-quarter apparel revenues increased 23% to $866 million, driven primarily by enhanced product offerings in baselayer and the expanded Storm innovation platform.

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