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Article Date: February 2025
Word Count: 674

Under Armour Gains Confidence that Brand Buzz is Building


Net income was just $1,234,000 in the fiscal third quarter ended Dec. 31, down 99% from $110,753,000 a year ago, as revenues contracted by 6% to $1,401,039,000 from $1,486,043,000, but Under Dog is seeing some green shoots of turnaround progress, and it raised full-year guidance on both the top and bottom lines. Reiterating UA’s Investor Day messaging, CEO Kevin Plank believes a renewed excitement around the brand is already gaining momentum, though translating that into a fresh product direction and a much-needed inflection back to sales growth will have to wait ... Log in to view full article.

 


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