Infographic: Under Armour (UAA) Q3 2023 earnings, revenue increase

Under Armour, Inc. (NYSE: UA, UAA) has reported a higher net profit and revenue for the third quarter of 2023, reflecting strong growth in the footwear division. The company reported earnings of $0.16 per share for the most recent quarter, on an adjusted basis. On an unadjusted basis, it was a profit of $121.6 million […]

$UAA February 10, 2023 1 min read

NYSE

$UAA · Earnings

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Under Armour, Inc. (NYSE: UA, UAA) has reported a higher net profit and revenue for the third quarter of 2023, reflecting strong growth in the footwear division. The company reported earnings of $0.16 per share for the most recent quarter, on an adjusted basis. On an unadjusted basis, it was a profit of $121.6 million […]
· February 10, 2023

Under Armour, Inc. (NYSE: UA, UAA) has reported a higher net profit and revenue for the third quarter of 2023, reflecting strong growth in the footwear division.

Under Armour Q3 2023 earnings infographic

The company reported earnings of $0.16 per share for the most recent quarter, on an adjusted basis. On an unadjusted basis, it was a profit of $121.6 million or $0.27 per share in the third quarter, compared to $109.7 million or $0.23 per share last year.

Revenues increased 3% year-over-year to $1.58 billion in the December quarter. Strong growth in the footwear segment more than offset weakness in the other divisions.

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

“Moving forward, I’m excited to partner with Stephanie Linnartz to advance our strategic consumer and product refinements further – leveraging Under Armour’s strong brand to drive sustainable, profitable growth,” said Under Armour’s interim CEO Colin Browne.