Under Armour Reports First Quarter Net Revenues Growth of 23% and First Quarter EPS Growth of 20%; R
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/PRNewswire/ -- Under Armour, Inc. (Logo: http://photos.prnewswire.com/prnh/20110127/NE37387LOGO ) First quarter apparel net revenues increased 23% to $283 million compared with $230 million in the same period of the prior year, driven by balanced performance across Men's, Women's, and Youth apparel businesses and introductions of innovative apparel products like ColdBlack and Armour Bra. Direct-to-Consumer net revenues, which represented 25% of total net revenues for the first quarter, grew 49% year-over-year. First quarter Footwear net revenues increased 24% to $64 million from $51 million in the prior year's period, primarily driven by new 2012 running styles and strength in baseball cleats.
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