People walks previous a Under Armour clothes retailer in Siam Center, Bangkok.
Guillaume Payen | SOPA Images | LightRocket | Getty Images
Under Armour reported Tuesday fiscal second-quarter revenue and gross sales that topped analysts’ estimates as its turnaround efforts took maintain and buyers purchased extra of its merchandise at full worth.
The athletic attire maker additionally hiked its outlook for the complete 12 months.
Under Armour shares surged 7% in prolonged buying and selling.
Here’s what Under Armour reported for the three-month interval ended June 30, in contrast with what Wall Street was anticipating, primarily based on a survey of analysts by Refinitiv:
- Earnings per share: 24 cents adjusted vs. 6 cents anticipated
- Revenue: $1.4 billion vs. $1.21 billion anticipated
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