Under Armour Stock Surges on Surprise Quarterly Profit

Shares of Under Armour Inc (NYSE:UAA) are 17.6% higher at $7.61 this morning, on track for its best session since October 2018 after the athletics apparel retailer reported a surprise quarterly profit and hiked its fiscal 2025 outlook. For the second quarter, Under Armour showed adjusted earnings of 1 cent per share on revenue of$1.18 billion, both of which beat analysts estimates, while CEO and founder Kevin Plank lauded the company's "strongest product organization" it has had in years. On the charts, UA ...