UNDER ARMOUR, INC. The company expects an adjusted profit of 52 cents to 56 cents per share for fiscal 2023, compared with its previous forecast of 44 cents to 48 cents.
(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Devika Syamnath)
Under Armour raises annual profit forecast
February 08, 2023 at 06:59 am EST
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(Reuters) - Under Armour Inc raised its annual profit forecast on Wednesday as deep discounts on the company's athletic apparel helped reel in shoppers during the holiday season.
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