Under Armour beats top-line and bottom-line estimates; updates FY25 outlook

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  • Under Armour press release (NYSE:UAA): Q3 Non-GAAP EPS of $0.08 beats by $0.05.
  • Revenue of $1.4B (-6.7% Y/Y) beats by $60M.
  • Inventory was flat at $1.1 billion.
  • At the end of the quarter, cash and cash equivalents totaled $727 million, and no borrowings


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