By and  on July 25, 2013

Shares of Under Armour Inc. shot up 12.3 percent Thursday as second-quarter profits more than doubled.

The Baltimore-based athletic firm also raised its outlook for the full year. Revenues are now expected to climb to $2.23 billion and $2.25 billion this year, up from the $2.21 billion to $2.23 billion previously forecast. Wall Street was already looking for $2.25 billion, but analysts might now nudge up their own projections.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus