Reports Q1 revenue $1.13B, consensus $1.13B. Inventory increased 2% to $1.1B. “We are pleased our quarterly results met or exceeded our expectations as we drive a bold transformation – sharpening Under Armour (UAA) (UA) into a brand where sports credibility, innovation and style meet operational discipline,” said Under Armour President and CEO Kevin Plank. “Despite ongoing uncertainty, our brand is gaining strength and we’re executing our strategic plan with clarity and confidence.”
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