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Replies to #61893 on FAT CATS
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lady*b

10/30/07 8:13 AM

#62637 RE: lady*b #61893

UA- fwiw - (link back for my chart) issued earnings:

**note, earnings plays can be good/bad if you hold THROUGH
the actual earnings. I choose not to in most cases. The anticipation alone are nice swing plays, imho......


7:13AM Under Armour beats by $0.06, beats on revs; guides FY07 (Dec) revs in-line (UA) 58.73 : Reports Q3 (Sep) earnings of $0.40 per share, $0.06 better than the Reuters Estimates consensus of $0.34. Gross margin for the third quarter of 2007 remained steady at 50.6% compared to 50.6% in the prior year. The co still expects to invest in its marketing budget at the high-end of the range of 10% to 12% of net revenues for the full year. Co issues in-line guidance for FY07 (Dec), sees FY07 (Dec) revs of $590-$600 (vs. $595.94 mln consensus), up from previous guidance of $580-$590 mln. UA believes net revs and income from operations for 2008 will exceed long-term growth tgts of 20-25%. In support of certain key growth initiatives, the co expects to increase its investment in marketing from the historical 10% to 12% of net revs to 12%-13% of net revs for the full year in 2008.