Under Armour’S Net Income Plunges In Quarter

2008-05-05T00:00:00

The company blames lowered margins and increased expenses for a 70.7 percent fall in net income in the first quarter of the year to $2.9 million. Marketing costs for the period were 17.8 percent of revenues, an increase over last year’s 11.1 percent, but they are expected to average 12-13 ...

You’ve read your 2 free articles this month

REGISTER  today to unlock 3 more articles each week

SIGN-IN if you are already a subscriber of SGI Europe.

Gated access promo

See what industry leaders read every day

  • Curated industry intelligence  you won’t find anywhere else—selected from 500+ sources
  • Exclusive interviews, case studies, and consumer insights  on emerging markets and trends
  • Expert analysis  on corporate moves, financials, retail trends, regulation, and innovation
  • The Daily Digest —essential sporting goods news delivered every morning

 

Ready for unlimited coverage?
 Upgrade to Professional or Premium for unlimited access to exclusive reports, C-suite interviews, market analysis, and industry-wide research—with team licensing included.

COMPARE SUBSCRIPTION PLANS

Already registered? Sign-in here.