Under Armour Inc. got its year off to a better-than-expected start after swinging to a $22.5 million profit in the first quarter and exceeding sales expectations. The Baltimore sportswear maker’s profit equates to earnings of 5 cents per share. Under Armour lost $30.2 million, or 7 cents per share, during the prior-year quarter. Sales grew 1.6 percent in the first quarter to $1.2 billion compared to $1.19 billion in the prior-year quarter. Analysts polled by the Thomson Financial Network projected…
from https://www.bizjournals.com/baltimore/news/2019/05/02/under-armour-swings-to-22m-profit-in-1q-sales-beat.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/184597101427
No comments:
Post a Comment