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 Under Armour: Next sales explosion
Sportsbusiness | 25.04.2016

Sporting goods manufacturer with good figures

Under Armour: Next sales explosion

Under Armour: Next sales explosion. Under Armour’s greatest growth was in the shoe business.
Under Armour’s greatest growth was in the shoe business.
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Under Armour had good figures for the first quarter of 2016. The U.S. sporting goods manufacturer increases its net revenue by 30 percent

The net revenue thereby breaks the billion barrier: It is at 1.05 billion U.S. dollars (about 930 million Euro). In the first quarter of 2015 it was still at 805 million U.S. dollars.

Focus on the USA

Operating profits rose by 26 percent to 35 million U.S. dollars. The net profit is 19 million U.S. dollars – a rise of 63 percent.

The figures show that Under Armour earns the largest part of its business in the USA. Only 14 percent of the entire net revenue comes from international markets.

Read more here about National Team Player Tah Signs On at Under Armour.

ISPO (Quelle: ISPO)
Article by ISPO.com, editorial staff
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