July 24, 2014 / 11:16 AM / 3 years ago

REFILE-Under Armour gains from strong demand for sportswear, shoes

(Corrects date July 24 from July 23)

July 24 (Reuters) - Sports apparel retailer Under Armour Inc’s quarterly revenue rose by more than a third as warmer weather in May and June drove demand for sports apparel and shoes.

The company’s net profit rose marginally to $17.7 million, or 8 cents per share, in the second quarter ended June 30, from $17.6 million, or 8 cents per share, a year earlier.

Revenue rose 34 percent to $609.7 million. (Reporting by Ramkumar Iyer in Bangalore; Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below