Under Armour reports increased Q1 revenues
22/04/2016
Sportswear brand Under Armour’s net revenues increased 30% to $1.05 billion in the first quarter of 2016. This compares with $805 million in the same period of 2015.
Net income in the quarter rose from $12 million in 2015 to $19 million this year, an increase of 63%. year on year, net revenues in North American were up 26% whilst international net revenues grew 56%.
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