Under Armour lifts annual profit forecast-January 2024-www.financetom.com

Under Armour lifts annual profit forecast

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Under Armour lifts annual profit forecast

Feb 6, 2025 4:30 AM

Feb 6 (Reuters) - Under Armour ( UAA ) on Thursday

raised its forecast for annual profit, as the athletic wear

maker's efforts to dial down on discounts coupled with easing

product and freight costs bolstered its margins.

The company expects annual adjusted earnings per share to be

in the range of 28 cents to 30 cents, compared with a prior

range of 24 cents to 27 cents per share.

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