Going into first quarter earnings report, investors had much to fear about what the newest financial results might hold. Towards the end of 2016, the company warned that it might not be able to sustain its impressive growth rates. But fortunately for its shareholders, Under Armour's first quarter of 2017 wasn't quite as bad as Wall Street expected. Under Armour reported Thursday morning that it recorded $1.1 billion in first quarter revenue, a 7% increase that was driven by a 4% bump in wholesale revenue and a 13% jump in direct-to-consumer revenue. Despite the smaller-than-expected loss on the bottom line and the solid growth on the top line, Under Armour still has a few things to worry about.

Source: Forbes April 27, 2017 14:17 UTC