Boosted by a 34.1 percent pickup in its apparel sales, Under Armour Tuesday posted second-quarter earnings that more than doubled from a year ago and beat Wall Street estimates by 4 cents.
The performance-apparel firm said net income for the three months ended June 30 jumped to $3.5 million, or 7 cents a diluted share, from $1.4 million, or 3 cents, in the year-ago quarter. Wall Street analysts were expecting earnings per share of 3 cents, according to Yahoo Finance.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)