Under Armour (UA) Offers Q4, Medium-Term Guidance

Under Armour (NYSE: UA) sees Q4 revenue up about 20 percent, gross margin relatively unchanged, and operating income in the range of $186 - $191 million. Revenue is expected to be up 20 percent, versus consensus expectations of 22 percent growth.

The company is targeting revenue growth consistently in the low-20 percent rage for FY17/FY18. Operating income is expected to be up in the mid-teens range over the next two years.

The company says it is on track to achieve revenue of $7.5 billion in FY18.

Comments were made on the company's quarterly conference call this morning.

You May Also Be Interested In

• Activist investor presses Xerox to review financial services arm - Bloomberg
• IonQ raises 2026 revenue outlook to $450M-$460M after SkyWater deal
• ASP Isotopes holds first capital markets day, targets $300M EBITDA by 2031