Under Armour, Inc. (UA) Message Board

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Technology Stocks : Under Armour, Inc. (UA)

UA 4.360

-0.5%

10:57 AM EST

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From: JakeStraw	10/23/2014 7:50:17 AM
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Under Armour Reports Third Quarter Net Revenues Growth Of 30%; Raises Full Year 2014 Net Revenues And Operating Income Outlook finance.yahoo.com - Third Quarter Net Revenues Increased 30% to $938 Million - Third Quarter Footwear Net Revenues Increased 50%; Third Quarter International Net Revenues Increased 94% - Raises 2014 Net Revenues Outlook to Approximately $3.03 Billion (+30%) - Raises 2014 Operating Income Outlook to Approximately $348 Million (+31%) Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "Our strong third quarter results demonstrate the power of the UA brand. The momentum and growing confidence we outlined last quarter in Footwear and International were on full display in the third quarter with growth rates accelerating to 50% and 94%, respectively. Our Direct-to-Consumer business continues to drive our vision to Empower Athletes Everywhere with the debut of local E-Commerce sites in the United Kingdom, Germany, and France, as well as optimizing all global sites for mobile to stay ahead of where our consumers are going. And we were particularly excited about our I WILL WHAT I WANT™ global women's campaign, featuring Misty Copeland and Gisele Bundchen, which ignited a powerful new dialogue with our female consumer as we begin to bridge the gap between female athletes and athletic females."

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