Under Armour Forecasts Slowest Sales Growth Since 2009

Under Armour Inc. predicted that next year’s sales growth will slow to the lowest rate since 2009, following a rapid expansion that has pushed the football-apparel maker into footwear, electronics and women’s clothing.

Revenue will increase 22 percent in 2015 as Under Armour enters fewer foreign markets, the Baltimore-based company said today on a conference call. Analysts had projected growth of 24 percent, according to data compiled by Bloomberg.