Categories AlphaGraphs, Consumer, Earnings

Infographic: Highlights of Under Armour’s September-quarter earnings report

Under Armour, Inc. (NYSE: UA, UAA) on Thursday reported a net profit for the quarter ended September 2022, which also exceeded estimates. The sports apparel firm’s revenues increased by 2% during the three-month period.

Under Armour September 2022 quarter earnings infographic

The company reported earnings of $0.20 per share for the most recent quarter, on an adjusted basis, beating analysts’ estimates. On an unadjusted basis, it was a profit of $86.9 million or $0.19 per share, compared to $113.4 million or $0.24 per share last year.

Revenues increased 2% year-over-year to $1.57 billion in the September quarter and topped expectations. A 2% decrease in the core apparel segment was more than offset by growth in other key divisions.


Check this space to read management/analysts’ comments on quarterly reports


“We’re pleased to have delivered second-quarter results that were in line with our expectations. While we anticipate the immediate macroeconomic backdrop to stay uncertain – we are taking a balanced approach to mitigate near-term pressures while continuing to focus on the long-term strength of our brand,” said Under Armour’s interim CEO Colin Browne.

_________________________________________________________________________________________________________________

Stocks you may like:

Bank of America (BAC) Stock

Wells Fargo (WFC) Stock

JPMorgan Chase (JPM) Stock

Citigroup (C) Stock

Goldman Sachs (GS) Stock

Morgan Stanley (MS) Stock

_________________________________________________________________________________________________________________

Most Popular

Earnings: Hewlett Packard Enterprise (HPE) Q4 earnings beat Street view

Information technology solutions provider Hewlett Packard Enterprise (NYSE: HPE) Tuesday reported higher earnings and revenues for the fourth quarter of 2022. The bottom line also exceeded analysts' forecasts. Fourth-quarter profit,

Intuit (INTU) Q1 2023 Earnings: Key financials and quarterly highlights

Intuit (NASDAQ: INTU) reported first quarter 2023 earnings results today. Total revenue grew 29% year-over-year to $2.6 billion. Net income was $40 million, or $0.14 per share, compared to $228

Pinterest (PINS): Here are three factors that work in favor of this social media company

Shares of Pinterest Inc. (NYSE: PINS) were down on Tuesday. The stock has dropped 33% year-to-date and 39% over the past 12 months. Pinterest was one of the stocks that

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top