More on Under Armour's (UA) Q4: The company met the lofty expectations of analysts with footwear...

|About: Under Armour, Inc. (UA)|By:, SA News Editor

More on Under Armour's (UA) Q4: The company met the lofty expectations of analysts with footwear revenue up 42.7% Y/Y to $44.71M while apparel sales grew by 25.1% to reach $404.5M. International growth outpaced sales in North America, 29.5% to 25.2%. Gross margin slipped 130 bps to 51.6% as a less favorable sales mix and higher freight costs contributed. For 2013, the retailer sees revenue of $2.20B to $2.22B. (PR)