By  on July 29, 2008

Under Armour Inc.’s second-quarter earnings took a smaller-than-expected hit, and the active brand raised its outlook for the year after posting higher revenues thanks to its performance footwear launch.

For the three months ended June 30, net income declined 76 percent to $1.4 million, or 3 cents per diluted share, from $5.7 million, or 11 cents.

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