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