Under Armour, Inc.'s (UA) fourth-quarter net income surged to $15.2 million or $0.30 a share from $8.32 million or $0.17 a share a year ago. On average, 25 analysts polled by Thomson Reuters expected earnings of $0.25 per share. Analysts' estimates typically exclude special items.
Quarterly net revenues grew 24% to $222.2 million from last year's $179.3 million. Wall Street analysts' consensus revenue estimate was $200.26 million. Fourth-quarter apparel net revenues rose 26.0%, driven by growth in Men's, Women's, and Youth apparel, while Direct-to-Consumer net revenues grew 52.9% year-over-year.
For 2010, the company said it now expects net revenues of $945 million - $960 million, up 10% - 12% over 2009, and earnings per share to grow in line with net revenue growth. Earlier, the Company had anticipated 2010 net revenues and earnings per share to grow in the high single to low double digits.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.