Lower demand from retailers caused Under Armour Inc.’s fourth-quarter profits to fall by more than 50 percent, but it still met Wall Street’s diminished expectations.
For the quarter ended Dec. 31, the Baltimore-based athletic apparel maker posted net income of $8.3 million, or 17 cents a diluted share, a 50.1 percent fall from a year ago when profit totaled $16.9 million, or 34 cents a share. Sales in the fourth quarter rose 2.5 percent to $179.3 million from $174.9 million last year.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)