ATLANTA—Under Armour Inc. reported a strong third quarter on Tuesday, but revised its 2008 outlook downward because of the current weak economic environment as the holiday season approaches.
Net income for the quarter, which ended Sept. 30, rose 28.1 percent to $25.7 million, or 51 cents per diluted earnings per share, compared with $20 million, or 40 cents per diluted share, a year ago. Net revenues increased 24.1 percent to $231.9 million from $186.9 million in the year-ago quarter.
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?"