Under Armour Soars After Footwear Surge Helps Boost Profit

  • Sales of sneakers nearly doubled thanks to Stephen Curry line
  • Company cools concerns that robust growth was slowing down

Footwear Surge Boosts Under Armour Sales

Under Armour Inc. shares rose the most in two years after surging footwear sales bolstered fourth-quarter earnings, easing fears that the company’s growth streak was cooling.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.