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Under Armour shares jump on earnings beat

CNBC logo CNBC 6 days ago Lauren Thomas
The Under Armour logo is displayed at T & B Sports in San Rafael, California.© Provided by CNBC LLC The Under Armour logo is displayed at T & B Sports in San Rafael, California.

Under Armour on Tuesday reported quarterly earnings and sales that topped analysts' expectations.

The sneaker maker had fourth-quarter earnings per share of 9 cents, adjusted, topping expectations for 4 cents, based on a poll by Refinitiv.

Sales during the quarter were $1.39 billion, again ahead of expectations for $1.38 billion.

Under Armour shares were up more than 5 percent on the news. 

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