Under Armour: record turnover ($4.98bn) but drop in profitability and net loss ($48.3m) in 2017
Under Armour achieved a turnover of $4.9765bn (€4.14bn as of 31/12/2017) for the 2017 fiscal year, up 3.1% from 2016 ($4.8253bn / €4.58bn on 31/12/2016), announced the American sports equipment manufacturer on 13/02/2018. This is a record turnover for Under Armour, a company founded in 1996.
The figure makes Under Armour the world's...