Record results for Under Armour
11/02/2022
Sports brand Under Armour has reported revenues of just under $5.7 billion for 2021, an increase of 27% year on year. Its net profit on this amount was $360 million.
Chief executive, Patrik Frisk, said these figures for revenue and earnings were records for Under Armour. He said that the company had been able to achieve these record results by “staying hyper-focused on operational excellence and serving the needs of athletes”.