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Individuals walks previous a Underneath Armour clothes retailer in Siam Heart, Bangkok.
Guillaume Payen | SOPA Pictures | LightRocket | Getty Pictures
Underneath Armour reported Tuesday fiscal second-quarter revenue and gross sales that topped analysts’ estimates as its turnaround efforts took maintain and customers purchased extra of its merchandise at full worth.
The athletic attire maker additionally hiked its outlook for the complete 12 months.
Underneath Armour shares surged 7% in prolonged buying and selling.
This is what Underneath Armour reported for the three-month interval ended June 30, in contrast with what Wall Avenue was anticipating, based mostly on a survey of analysts by Refinitiv:
- Earnings per share: 24 cents adjusted vs. 6 cents anticipated
- Income: $1.4 billion vs. $1.21 billion anticipated
Discover the complete earnings press launch from Underneath Armour right here.
This story is creating. Examine again for updates.
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