Under Armour's real problem (it's not Nike)

April 21, 2015 5:57 PM

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Under Armour (UA) is blocking and tackling in all the right places. But investors are still getting banged up today.

The sports apparel company Tuesday delivered 17% higher adjusted profit during the first quarter quarter of 7 cents a share – beating expectations by a whopping 40%, says S&P Capital IQ. This makes at least the fifth quarter in a row the company has exceed earnings expectations. Revenue jumped 25% t...

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