- Under Armour edged out Wall Street estimates on both the top and bottom lines in Thursdays second-quarter earnings announcement.
- It saw North American sales increase for the first time in year.
- The apparel maker says it will take about $US80 million in additional restructuring charges.
- Shares are up 5.5% in early trading.
- Watch Under Armour trade in real time here.
Under Armours second-quarter earnings results edged out Wall Street estimates on both the top and bottom lines, sending shares up 5.5% ahead of the opening bell on Thursday.
The athletic-apparel maker posted an adjusted loss of $US0.08 a share as revenue climbed 7% to $US1.2 billion. Wall Street an…
Read the full article at: https://www.businessinsider.com.au/under-armour-earnings-beat-north-american-sales-climb-2018-7