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Under Armour Inc.
Under Armour climbing toward rank as second biggest sports brand, analyst says
Under Armour climbing toward rank as second biggest sports brand, analyst says

Under Armour could become the second biggest sports brand in both apparel and footwear, with sales expected to climb at least 25 percent a year for the next five years, one analyst said in a report today. In a preview of the Baltimore-based company's earnings for the fourth quarter, Sterne Agee analyst Sam Poser said both footwear and apparel sales have accelerated from the third quarter. And, importantly, kids' merchandise sales are outpacing adult sales. That's "important for [Under Armour] to become the 'it' athletic brand in 5-10 years," Poser said in the report. Sales for the fourth quarter will likely jump 24 percent to $846.9 million, helped by...

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