Shares of Under Armour Inc. declined 6.5 percent Thursday, even though the firm posted third-quarter results that bested Wall Street’s expectations.
For the three months ended Sept. 30, net income rose 24.6 percent to $57.3 million, or 54 cents a diluted share, from $46 million, or 44 cents, a year ago. Wall Street analysts were expecting 52 cents. Net revenues rose 23.6 percent to $575.2 million from $465.5 million.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"