WWD.com/markets-news/financial/under-armour-shares-spike-due-to-projections-6683020

financial

January 31, 2013

Under Armour Shares Spike Due to Projections

The company is projecting a 22 percent gain in 2013 operating income and a 20 percent rise in net revenues for the year.

By Vicki M. Young

financial/news

Shares of Under Armour Inc. spiked 5.7 percent following the firm’s 54 percent jump in fourth-quarter profits and the double-digit percent growth forecast in both net revenues and operating income...

Under Armour Shares Spike Due to Projections

The company is projecting a 22 percent gain in 2013 operating income and a 20 percent rise in net revenues for the year.

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