Tuesday, February 13, 2018

Under Armour shares soar on stronger-than-expected sales

Under Armour Inc. shares soared more than 12 percent during pre-market trading Tuesday after the sportswear maker beat sales estimates in the fourth quarter. Baltimore-based Under Armour reported a fourth-quarter loss of $87.9 million, or 20 cents per share, down from a $103.2 million, or earnings of 23 cents, in the year-ago quarter. Excluding the impact of its restructuring plan, other related charges and the impact of the U.S. tax reform law passed in December, Under Armour’s loss in the fourth…



from https://www.bizjournals.com/baltimore/news/2018/02/13/under-armour-shares-soar-on-stronger-than-expected.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/170833806837

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