Under Armour Is Back! (Not That There Was Any Doubt)

We had some sense that Jordan Spieth's Masters collapse had little to do with an Under Armour stock dive of 5%, and now we know from 2016's first quarter results that a Wall Street analyist had it all wrong. Nice work!

John Strege on the earnings call where UA's new golf show got a special shout out.

Well, Under Armour released its first-quarter results on Thursday and reported net revenues of $1.05 billion for the quarter, a 30 percent increase over a year ago.

CEO Kevin Plank, in a news release, cited, “the remarkable success of the Stephen Curry signature basketball line, as well as the exciting launches of our first smart running shoe and our new line of Jordan Spieth inspired golf shoes.”

The stock finished up nearly 7% after the news.