Under Armour profits surge in 1Q

CNN: The sportswear company’s sales soared 30% in this year’s first quarter.

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Footwear sales at Under Armour surged 64% in the first three months of 2016 as sports fans gobbled up the [Steph Curry] signature basketball line. Under Armour said Thursday that overall sales jumped by an impressive 30%, led by strong growth overseas.

Here’s a stat even Curry, the 2015 NBA MVP, would be wowed by: Under Armour has now generated sales growth above 20% for each of the past 24 quarters.

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