Under Armour raises profit, revenue forecast

ATLANTA, Jan 17 (Reuters) - Athletic apparel maker Under Armour Inc (UA.N) said on Thursday it sees full-year 2007 revenues rising 40 percent to $605 million, better than it and Wall Street had expected, due to strong consumer demand.

Based on the preliminary estimates, the company said it expects a profit of about $1.03 to $1.04 a share for the year. Analysts expect a profit of $1.01 a share for the period, according to Reuters Estimates.

(Reporting by Karen Jacobs; Editing by Richard Chang)