Tuesday, May 1, 2018

Under Armour revenue stronger than expected on international sales; shares down

Under Armour Inc. took a loss in the first quarter for the second consecutive year, but the company’s revenue for the period topped Wall Street expectations and international sales continued to soar. Shares of Under Armour (NYSE: UAA) were up down about 2 percent in pre-market trading Tuesday to $17.76. The Baltimore sportswear maker posted a $30.2 million loss in the first quarter, or 7 cents per share, compared to a $2.3 million loss, or 1 cent per share in the year-ago period. Excluding the…



from https://www.bizjournals.com/baltimore/news/2018/05/01/under-armour-revenue-stronger-than-expected-on.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/173481238967

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