Where Is Under Armour Finding Growth?
There's no question: Under Armour Inc. (NYSE: UA) (NYSE: UAA) is a growth-oriented company that has seen revenue rise from $2.3 billion to $4.8 billion over the last three years, a more than 100% increase. Understandably, such rapid growth has both attracted investors and also set high expectations for the company. So when Under Armour this month reported a second-quarter revenue increase of just 9% -- accompanied by a $12 million net loss -- some investors dropped Under Armour faster than a hot potato.
Yet shareholders should consider that Under Armour is still reporting strong growth internationally and in some categories. Additionally, management is laying strategic groundwork to maximize future revenues in those areas. Let's take a look.
Image source: Getty Images.
Source: Fool.com
Under Armour Inc. A Aktie
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