Earnings Review: Under Armour Posts 17th Consecutive Quarter Of Over 20% Revenue Growth |
July 26, 2014 | July 2014 Bond Updates |
Gross margins improved by 90 basis points to 49.2% in Q2 2014. The expansion in margin was driven by a higher percentage of sales of excess inventory through factory outlets, a reduction of air freight expenses and lower product input costs, especially in the accessories business. |
View more at: http://www.forbes.com/sites/greatspeculations/2014/07/25/earnings-review-under-armour-posts-17th-consecutive-quarter-of-over-20-revenue-growth/ |
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