Footwear boosts Under Armour

15/05/2023
Footwear boosts Under Armour

Sports brand Under Armour has reported revenues of almost $5.9 billion for its most recent business year, the 12 months ending March 31, 2023. This represents an increase of 3.1% year on year.

Revenues from apparel were just short of $3.9 billion, a decline of 0.9% year on year. Apparel remained the group’s largest category by a long way.

Footwear sales brought in revenues of more than $1.4 billion, an increase of 16.3%.