Under Armour Stock Gains on Q2 Earnings Beat & Raised FY2025 View [Yahoo! Finance]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
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Source: Yahoo! Finance
The strong performance prompted management to raise the fiscal 2025 outlook. While revenues saw a year-over-year decline, the company's bottom line showed improvement compared to the same period last year. The Baltimore, MD-based company reported adjusted earnings of 30 cents a share, which beat the Zacks Consensus Estimate of 19 cents. This figure increased from 24 cents a share reported in the year-ago period. See the Zacks Earnings Calendar to stay ahead of market-making news. Meanwhile, net revenues of $1,399 million came ahead of the Zacks Consensus Estimate of $1,383 million but decreased 10.7% from the prior-year quarter. The metric declined 10% on a currency-neutral basis. Wholesale revenues fell 12.1% to $826 million, while direct-to-consumer revenues saw a 7.6% increase, reaching $550.3 million. Revenues from owned and operated stores remained flat, while e-commerce sales declined 21% due to a planned decrease in promotional activities. E-commerce revenues accounted
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