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

April 21, 2015 5:57 PM

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

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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