People walks past a Under Armour clothing store in Siam Center, Bangkok.
Guillaume Payen | SOPA Images | LightRocket | Getty Images
Under Armour reported Tuesday fiscal second-quarter profit and sales that topped analysts’ estimates as its turnaround efforts took hold and shoppers bought more of its merchandise at full price.
The athletic apparel maker also hiked its outlook for the full year.
Under Armour shares surged 7% in extended trading.
Here’s what Under Armour reported for the three-month period ended June 30, compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: 24 cents adjusted vs. 6 cents expected
- Revenue: $1.4 billion vs. $1.21 billion expected
Find the full earnings press release from Under Armour here.
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