Under Armour Topped Expectations with $1.58 Billion Revenue in Q3 and Plans to Ramp up E-commerce with the New CEO

2月 15, 2023

February 8, Baltimore-based athletic apparel company Under Armour announced unaudited financial results for its third quarter of fiscal 2023 ended December 31, 2022: In Q3, revenue was up 3 percent to $1.58 billion (up 7 percent currency neutral) compared to the prior year, beating Wall Street’s expectations.
According to a survey of analysts by Refinitiv, the expected Q3 revenue was $1.55 billion and the expected Earnings-per-share was 9 cents.

Under Armour Interim President and CEO Colin Browne noted, “We are pleased to have delivered solid third-quarter results and rem …