Coronavirus outbreak to impact Under Armour’s Q1 sales by 50 to 60 million dollars

Under Armour, Inc. revenue was up 4 percent to 1.4 billion dollars, while the revenues also rose 4 percent currency neutral in the fourth quarter. The company said, gross margin increased 230 basis points to 47.3 percent , while net loss was 15 million dollars or 3 cents diluted loss per share