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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.