- Under Armour (UA +3.6%) pokes out a gain with positive comments out from Canaccord Genuity.
- The investment firm sees an EPS beat on its view that colder weather drove Under Armour's sales higher. It doesn't hurt that winter items sometimes pack lusher margins.
- Gross margin rate in Q4 could come in flat, compared to expectations for a 56 bps decline, says Canaccord.
Analysis: Winter mix a positive for Under Armour
Jan 28 2014, 10:53 ET