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Under Armour Sales and Earnings Soar By Double Digits in Q4, Fiscal 2015

Under Armour, Inc. (UA) announced financial results for the fourth quarter and fiscal year ended Dec. 31, 2015. Quarterly sales and earnings results beat Wall Street estimates, as did current fiscal year sales guidance, sending the stock up 22.6% on the day to close at over $84.

In the fourth quarter, net revenues increased 31 percent (33 percent on a currency neutral basis) to $1.17 billion from $895 million in the prior year’s period.

Read more at Sourcing Journal.

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