85
Fashion Jobs
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
By
Fibre2Fashion
Published
Aug 4, 2021
Download
Download the article
Print
Text size

Under Armour continues growth trajectory in Q2, raises guidance

By
Fibre2Fashion
Published
Aug 4, 2021

Under Armour has posted a 91% revenue jump to $1.4bn for Q2 ended June 30. Considering the performance, the company has raised its FY21 revenue outlook up to a low 20s percentage rise against high teens previously.


 
“We are very pleased with Under Armour's better than expected second-quarter results, which reflect solid progress compared to both 2020 and 2019. Given the continued momentum, we're raising our full-year outlook, which puts us on track to achieving a solid performance in 2021,” Patrik Frisk, president and CEO at Under Armour, said.
 
Gross profit for Q2 almost doubled to $668.8 million from $349.1 million, while income from operations surged to $121.2 million from a loss of $169.7 million. The company’s net income accelerated to $59.2 million from a loss of $182.9 million.

According to the sportswear company, revenues from North America skyrocketed 101.4% to $905.5 million and EMEA surged 132.5% to $207.2 million. Asia Pacific ($192.3 million) and Latin America ($46.5 million) revenues grew 56.1% and 317.3% respectively.
 
Under Armour’s apparel revenues escalated 105.3% to $874.2 million along with an 85.1% rise in footwear revenues to $342.6 million.
 
“At the halfway point of our fiscal year, I'm confident in our ability to execute our strategy by putting Focused Performers at the centre of everything we do and increasing our capacity to drive consistent, profitable growth for our shareholders over the long-term,” Frisk concluded.

Copyright © 2024 Fibre2Fashion. All rights reserved.