January 28, 2010|By Andrea K. Walker | andrea.walker@baltsun.com | Under Armour: Quarterly earnings rise due to strong apparel sales
Sports apparel maker Under Armour said Thursday that quarterly earnings rose because of strong apparel sales.
The Baltimore company reported net income of $15.2 million for the fourth quarter ended Dec. 31. That was compared to $8.3 million for the same period a year ago.
Revenue increased 24 percent to $222.2 million.
"Our strong apparel growth in the fourth quarter are great evidence that our brand is resonating with new customers," said Chairman and CEO Kevin Plank.
