U.S. markets closed
  • S&P Futures

    4,145.50
    +3.75 (+0.09%)
     
  • Dow Futures

    32,834.00
    +42.00 (+0.13%)
     
  • Nasdaq Futures

    13,189.50
    +6.25 (+0.05%)
     
  • Russell 2000 Futures

    1,943.10
    +2.00 (+0.10%)
     
  • Crude Oil

    90.72
    -0.04 (-0.04%)
     
  • Gold

    1,803.20
    -2.00 (-0.11%)
     
  • Silver

    20.64
    +0.02 (+0.10%)
     
  • EUR/USD

    1.0195
    0.0000 (-0.00%)
     
  • 10-Yr Bond

    2.7650
    -0.0750 (-2.64%)
     
  • Vix

    21.29
    +0.14 (+0.66%)
     
  • GBP/USD

    1.2077
    -0.0005 (-0.04%)
     
  • USD/JPY

    134.7010
    -0.2720 (-0.20%)
     
  • BTC-USD

    23,803.43
    +581.38 (+2.50%)
     
  • CMC Crypto 200

    555.85
    +12.97 (+2.39%)
     
  • FTSE 100

    7,482.37
    +42.63 (+0.57%)
     
  • Nikkei 225

    28,111.01
    -138.23 (-0.49%)
     
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Under Armour stock rises on Q1 earnings

In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Yahoo Finance Live's Brad Smith discusses how Under Armour stock is moving as the company cuts its full-year profit forecast.

Video Transcript

BRAD SMITH: Checking in on shares of Under Armour. They are rising today after reporting first quarter earnings mostly in line with estimates, as higher prices pushed revenue higher. The future not looking as bright, though. The retailer cut its fiscal 2023 profit forecast and saw gross margins decline in the quarter, citing higher promotional activity.