Under Armour Inc (UAA.N)
17 Aug 2018
Sportswear maker Under Armour Inc raised its revenue forecast for the year on the back of higher demand for its athletic wear overseas and a turnaround in its U.S. sales, sending its shares up 8 percent on Thursday.
July 26 Sportswear maker Under Armour Inc raised its revenue forecast for the year on the back of higher demand for its athletic wear overseas and a turnaround in its U.S. sales, sending its shares up 8 percent on Thursday.
July 26 Sportswear maker Under Armour Inc reported a bigger quarterly loss on Thursday, hit by investments in its direct-to-consumer business and international markets.
* GREENLIGHT CAPITAL DISSOLVES SHARE STAKE IN UNDER ARMOUR INC
* CEO not concerned about possible U.S. tariffs on China (Adds CEO comments from conference call)
Under Armour Inc on Tuesday forecast a bigger-than-expected loss for the second quarter, taking the shine off first-quarter sales that topped Wall Street estimates, as the sportswear maker spends heavily on an overseas expansion.
* Class C stock falls as much as 6 percent (Adds details on international expansion, expenses, analyst quote)
* SEES FY 2018 ADJUSTED EARNINGS PER SHARE $0.14 TO $0.19 EXCLUDING ITEMS
May 1 Under Armour Inc's first-quarter sales topped analysts' forecasts, as the sportswear maker benefited from stronger demand from outside the United States.
Under Armour Inc said on Thursday that data from some 150 million MyFitnessPal diet and fitness app accounts was compromised in February, in one of the biggest hacks in history, sending shares of the athletic apparel maker down 3 percent in after-hours trade.