Under Armour Has Strong Quarter But Proceeds Prudently

2010-02-05T00:00:00

Helped by cold weather and good apparel sales, Under Armour reported a 24 percent sales increase to $222.2 million for the fourth quarter ended Dec. 31. Net income jumped by 83 percent to $15.2 million. The gross margin crept up by 0.7 percentage points to 51.4 percent on higher margins ...

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