UNDER ARMOUR BEATS STREET EXPECTATIONS

Baltimore-based Under Armour beat Wall Street expectations with its third quarter report, thanks largely to footwear and international sales growth.  Under Armour also raised tis profit outlook for the current fiscal year.  Officials at the company say they’re still facing a challenging retail environment while they deal with high levels of inventory — but they maintain Under Armour is still in a good place.  Global supply chain disruptions and the need to cut back on heavy promotions to reduce inventory have been challenges the sportswear maker has faced this past year.