December 12, 2018 / 8:37 PM / 7 months ago

Under Armour forecasts 2019 revenue growth below estimates

Dec 12 (Reuters) - Under Armour Inc on Wednesday forecast 2019 revenue growth and profit below analysts’ estimates, citing relatively flat results for North America, sending its share down about 11 percent.

The sportswear maker said it expected revenue to grow between 3 percent and 4 percent, while analysts had forecast a rise of 5 percent, according to IBES data from Refinitiv. (Reporting by Nivedita Balu in Bengaluru; Editing by Anil D’Silva)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below