Salem Radio Network News Thursday, September 16, 2021

Business

Athletic apparel maker Under Armour raises annual revenue forecast

(Reuters) – Under Armour Inc raised its annual revenue forecast on Tuesday, as demand for its athletic apparel and footwear rose due to customers returning to gyms and yoga classes as coronavirus curbs eased

It expects 2021 revenue to rise in low-20s percentage, compared with a previous outlook of a high-teen percentage increase.

(Reporting by Praveen Paramasivam in Bengaluru; editing by Vinay Dwivedi)

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