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    Under Armour2014 Second Quarter Revenue Jumped 34%

    2014/8/8 20:17:00 28

    Under ArmourRevenue Jumped 34% In The Second Quarter.

    < p > > a href= "http://sjfzxm.com/news/index_p.asp" > US < /a > Under Armour. Today (2014), the profit in the second quarter was flat, reaching 18 million US dollars, and revenue jumped 34% to 610 million US dollars.

    < /p >


    < p > it has been pointed out that in the three months to June 30th this year, the net income of Under Armour functional clothing, footwear and accessories was $18 million, which was flat compared with the same period in the previous year.

    < /p >


    Net income of < p > Under Armour grew 34% from last year's 455 million US dollars to 610 million US dollars.

    Clothing revenue growth of 35%, footwear ClutchFit and SpeedForm shoes because of the consumer "resonance", revenue growth of 34%.

    International sales, which account for 8% of total sales, grew by 80% over the previous year.

    < /p >


    Under the driving force of sales mix and product profit, the gross profit margin of Under Armour has increased from 48.3% in the same period last year to 49.2% in the same period last year. < p >

    < /p >


    Kevin Plank, chairman and chief executive officer of P Under Armour, said: "recently, under the basic momentum index, < /p >


    < p > > a href= "http://sjfzxm.com/news/index_p.asp" > second season < /a > growth has not stopped signs.

    Although we continue to add more characteristics to our clothing products that grow most dynamically, the brand effect of footwear products and international business is particularly encouraging.

    < /p >


    < p > the company currently expects annual revenue to reach 29.8 to 3 billion US dollars, higher than the 28.8 to 2 billion 910 million US dollars forecast.

    Operating income will be estimated at $3.43 to $345 million, higher than its previous estimate of $3.31 to $334 million.

    < /p >


    < p > < a href= "http://sjfzxm.com/news/index_p.asp" > because /a < second season is the lowest number of Under Armour products, UBS analysts believe that Under Armour's significant growth represents "bullish".

    Michael Binetti, Steven Strycula and K.C. Stumbaugh pointed out: "at our recent meeting, Under Armour mentioned that it would rather take any of this year's upside to ensure the growth plan for 2015".

    < /p >


    < p > "in our view, due to the growth of Under Armour in the second quarter and the good performance in the third quarter, it will obviously enhance the annual performance of Under Armour 2014".

    < /p >

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