Under Armour beats by $0.05, beats on revs, reaffirms 2018 outlook
- Reports Q1 (Mar) net of breakeven, excluding non-recurring items, $0.05 better thanthe Capital IQ Consensus of ($0.05); revenues rose 5.9% year/year to $1.19 bln vs the $1.12 bln Capital IQ Consensus.
- Co reaffirms prior 2018 revenue guidance: up at a low single-digit percentage rate reflecting a mid-single-digit decline in North America and international growth of greater than 25%.
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