“Under Armour shares surge 20% after posting ‘better than feared’ quarterly sales”
August 14, 2024
“…Here’s how the athletic apparel company did in its fiscal first quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:
- Earnings per share: 1 cent adjusted vs. a loss of 8 cents expected
- Revenue: $1.18 billion vs. $1.15 billion expected
In the three months ended June 30, Under Armour reported a loss of $305.4 million, or 70 cents per share, compared with a profit of $10 million, or 2 cents per share, a year earlier. Excluding one-time expenses, it reported a profit of $4 million, or 1 cent per share…”
https://www.cnbc.com/2024/08/08/under-armour-uaa-earnings-q1-2025.html