Under Armour Q3 results top estimates on overseas sales; stock soars

Shares of Under Armour (UAA) rallied in the premarket Tuesday after third-quarter results topped Wall Street estimates as overseas sales of the sneaker maker rose sharply, aided by the ongoing expansion initiatives. The market was also buoyed by the upward revision of full-year earnings outlook. Net income, on an adjusted basis, rose to $112 million … Continue reading Under Armour Q3 results top estimates on overseas sales; stock soars