Under Armour Expects to Hit $7.5 Billion in Revenue by 2018

Under Armour Inc., providing a long-range outlook to shareholders at its investor day meeting, expects to reach $7.5 billion in revenue by 2018, lifted by an expansion into new markets.

While that figure is in line with analysts’ estimates, the company said on Wednesday that it’s outpacing its internal forecasts. Under Armour now expects to reach $4 billion in revenue a year earlier than previously targeted.