Tuesday, February 12, 2019

Under Armour shares rise, but analysts remain skeptical after 'mixed' 4Q results

OppenheimerFunds Inc. analyst Brian Nagel perhaps put it best when he said Under Armour Inc.’s latest earnings results were “mixed.” On one hand, Under Armour showed signs of a rebound in the fourth quarter by beating estimates on earnings and overall sales. But the Baltimore sportswear maker still faces significant challenges, particularly at home in North America. Under Armour’s profit in the fourth quarter was $42 million, or 9 cents per share. Sales grew 2 percent in the fourth quarter to…



from https://www.bizjournals.com/baltimore/news/2019/02/12/under-armour-shares-rise-but-analysts-remain.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/182764545602

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