BB&T Capital Downgrades Under Armour, Inc. (UA) to Hold
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Under Armour Reports Third Quarter Net Revenues Growth Of 28%; Raises Full Year Outlook
October 22, 2015 7:00 AM EDTBALTIMORE, Oct. 22, 2015 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA) today announced financial results for the third quarter ended September 30, 2015. Net revenues increased 28% in the third quarter of 2015 to $1.20 billion compared with net revenues of $938 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 increased 13% in the third quarter of 2015 to $100 million compared with $89 million in the prior year's period and diluted earnings per share for the third quarter of 2015 were $0.45 compared with $0.41 per share in the... More
