×
182
Fashion Jobs
OJB HERBALS
Area Sales Manager
Permanent · Ranchi
LIVE BIOTECH PRIVATE LIMITED
Area Sales Manager, Regional Sales Manager, Zsm
Permanent · Chennai
KM ELECTRONIC CABLES PVT. LTD
Area Sales Manager - Vijayawada
Permanent · Chennai
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
CTA APPARELS PVT. LTD
Opening For Merchandising Manager- Noida(Garment Export)
Permanent · Noida
STAR UNION DAI ICHI LIFE INSURANCE (SUD LIFE)
Hiring- Area Manager - Bancassurance- Kolkata Metro
Permanent · Kolkata
NIKKO & CO.
Area Sales Manager /Sales Officers(5-10 Yrs Into Fmcg)
Permanent · Karimnagar
FUTURE GENERALI
Opening For Area Manager in Bangalore With Future Generali li
Permanent · Bengaluru
INFEXN LABORATORIES PRIVATE LIMITED
Area Sales Manager
Permanent · Mumbai
LENSKART
Area Operations Manager
Permanent · Chennai
WALPLAST PRODUCTS
Opening For Manager Sales - Walplast Products Pvt. Ltd. (Pune)
Permanent · Pune
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
HERITAGE NUTRIVET LIMITED
Cattle Feed - Area Sales Manager - Salem Location
Permanent · Salem
THINK FIRST DIGITAL
Hiring For Event Production Manager - Mumbai
Permanent · Mumbai
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
By
Reuters
Published
Oct 30, 2018
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Under Armour results beat quarterly estimates, lifts profit outlook

By
Reuters
Published
Oct 30, 2018

Under Armour Inc raised its full-year profit forecast on Tuesday after reporting third-quarter results that topped Wall Street estimates, as the sportswear maker benefited from higher overseas sales and lower expenses.


Archiv



Shares of the Baltimore-based company, which have risen about 26 percent this year as it strives to regain momentum in its battle to become one of the big players in global sportswear, rose nearly 9 percent to $19.81 in premarket trading.

The company discounted less to sell its shoes and offered fewer promotional add-ons as part of its efforts to shore up margins after a tough period where Nike Inc and Adidas AG have pushed back against its initial progress in U.S. markets.

Gross margins rose for the first time in several quarters, rising 20 basis points to 46.5 percent in quarter and beating analysts' expectation of 45.8 percent.

The maker of Curry 5 and Project Rock 1 sneakers has been spending heavily on international markets, as it shifts focus away from its North America business where sales in the quarter fell 1.6 percent. International sales rose 15.1 percent.

The company raised its full-year adjusted earnings per share forecast to between 19 cents and 22 cents from a prior guidance of 16 to 19 cents.

Net profit rose to $75.3 million, or 17 cents per share, in the quarter ended Sept. 30. Excluding certain items, Under Armour earned 25 cents per share, beating analysts' estimate of 12 cents.

Net revenue rose 2.4 percent to $1.44 billion, edging past analysts' average estimate of $1.42 billion, according to Refinitiv data.
 

© Thomson Reuters 2022 All rights reserved.