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Under Armour Inc Raises FY 2013 Guidance


Thursday, 25 Jul 2013 07:03am EDT 

Under Armour Inc raised fiscal 2013 guidance and expects net revenues in the range of $2.23 billion to $2.25 billion, representing growth of 22% to 23% over 2012, and fiscal 2013 operating income in the range of $258 million to $260 million, representing growth of 24% to 25% over 2012. The Company had previously anticipated fiscal 2013 net revenues in the range of $2.21 billion to $2.23 billion, representing growth of 21% to 22% over 2012, and fiscal 2013 operating income in the range of $256 million to $258 million, representing growth of 23% to 24% over 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report and revenue of $2.24 billion for fiscal 2013. 

Company Quote

58.19
-1.72 -2.87%
10 Jul 2014