Quarterly Results Spotlight: Under Armour (NYSE: UAA).

Under Armour (NYSE: UAA).

Revenue growth of 8% to US$1.55bn YoY.

Wholesale revenue increased 10% to US$911m.

Direct-to-consumer revenue up 12% to US$604m.

Adjusted operating income: US$189m.

Adjusted diluted earnings per share: US$0.31/share vs. the expected US$0.15/share.

Upgraded guidance for FY21 sales to rise 25% on FY20 sales.

Under Armour President CEO Patrik Frisk said ?Our third-quarter results were driven by strong demand for the Under Armour brand and our ability to execute quickly to meet the needs of our consumers and customers?.