Under Armour shares jumped in premarket trade on Tuesday, after the company reported fourth-quarter earnings and revenue that beat expectations.
The sports apparel firm reported earnings per share of $0.05, beating expectations for earnings of $0.04 per share.
Revenue totaled $1.39 billion, just above forecasts of $1.38 billion.
North American revenue fell 6% to $965 million, though international revenues grew 24% to $395 million.
Apparel revenue increased 2% to $970 million, thanks to growth in sales in training.
Footwear revenue decreased 4% to $235 million and accessories revenue decreased 6% to $116, driven by declines in outdoor and training sales. Under Armour A follows other major Consumer Cyclical sector earnings this month
On February 6, Toyota Motor ADR reported third quarter EPS of $1.14 on revenue of $71.04B, compared to forecasts of EPS of $3.32 on revenue of $68.23B.
Louis Vuitton ADR earnings matched analyst's expectations on January 29, with fourth quarter EPS of $1.56 on revenue of $15.65B. analysts expected EPS of $1.56 on revenue of $15.65B
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