Under Armour (UA) Gains Following Strong Q2 Results, Improved Outlook; Traders Eye NIKE (NKE) Following Results
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Under Armour Reports Second Quarter Net Revenues Growth Of 29%; Raises Full Year Outlook
July 23, 2015 7:01 AM EDTBALTIMORE, July 23, 2015 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA) today announced financial results for the second quarter ended June 30, 2015. Net revenues increased 29% in the second quarter of 2015 to $784 million compared with net revenues of $610 million in the prior year's period. On a currency neutral basis, net revenues increased 31% compared with the prior year's period. Net income decreased 17% in the second quarter of 2015 to $15 million compared with $18 million in the prior year's period and diluted earnings per share for the second quarter of 2015 were $0.07 compared with $0.08 per share in the... More
