Preview - Please log in to view full article.

Article Date: January 2017
Word Count: 962

Under Armour Results Flag, Net Will Drop in 2017 on Investments


As recently as its last earnings call, Under Dog remained bullish about the outcome of 2016 but heavy exposure to the stormy North American market caught up to it in Q4 as it reported a 1% decline in net income to $104,910,000 from $105,603,000 for the period ended Dec. 31 on a 12% gain in revenues to $1,308,128,000 from $1,170,686,000. The results sent Under Dog shares down more than 20% in heavy trading on a day when the markets were tumbling on fears of political turmoil from the Trump Administration. Under Dog took down other major stocks in the athletic ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.