Under Armour raises annual revenue forecast on steady demand -Breaking
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© Reuters. FILE PHOTO – Customers leave an Under Armour shop in New York City on November 4, 2019, U.S.A. REUTERS/Brendan McDermid/File Photo/File Photo(Reuters) – Unter Armour Inc (NYSE 🙂 raised its annual forecast for revenue on Tuesday. People are looking for comfortable casuals and sports wear, despite their hectic social lives and inability to find offices.
This forecast is 25% higher than its 2021 forecast. According to Refinitiv, IBES, analysts expect revenue growth of around 22.7%.
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