Under Armour, Inc. UAA reported mixed quarterly numbers in fourth-quarter 2017 wherein earnings came in below the Zacks Consensus Estimate but revenues surpassed the same. The company reported break-even adjusted earnings, missing the consensus mark of 1 cent.Despite the earnings miss, the company’s shares are up nearly 12% during the pre-market trading session. The uptick can be attributed to better-than-expected top-line performance. In the past three months, the company’s shares have surged 17.1% compared with the industry’s gain of 14.6%.Following robust demand in Europe, the Middle East and Africa (EMEA), Asia-Pacific and Latin America the company’s top line increased 4.6% to $1,365.4 million, beating the consensus estimate of $1,308 million. Currently, the company is keen on expanding footprint and enhancing brand recognition to get an edge. Further, the deal with rising athletes lends Under Armour a suitable platform to showcase its brands.Quarterly Results in DetailApparel sales rose 2.5% to $951.7 million while Footwear net revenues increased 9.5% to $246.2 million in the quarter under review. Net revenues in the Accessories category were up 6.1% to $110.7 million while Licensing revenues rose 10.1% year over year to $32.9 million. Moreover, the company’s Connected Fitness segment reported year-over-year increase of 30.8% to $23.9 million.North America net revenues dropped 4.5% to $1,024.2 million while the same from EMEA, Asia-pacific and Latin America jumped 45.5%, 55.7% and 36% to $135.3 million, $123.9 million and $58 million, respectively.Also, gross margin contracted 140 basis points to 45% due to aggressive inventory management that overshadowed favorable channel mix.Other Financial DetailsUnder Armour ended the quarter with cash and cash equivalents of $312.5 million, up 24.8% from the prior-year period. Total long-term debt was $765 million compared with $790.4 million in the prior-year period. Shareholders' equity at the end of the quarter was $2,018.6 million.Under Armour, Inc. Price, Consensus and EPS Surprise Under Armour, Inc. Price, Consensus and EPS Surprise | Under Armour, Inc. Quote2018 GuidanceManagement expects 2018 revenues to increase by low single-digit percentage rate. While revenues from North America are likely to decline by mid-single-digit, international revenues are anticipated to increase above 25%.The company anticipates adjusted gross margin to increase by nearly of 50 basis points to 45.5%. This improvement can be attributed lower promotional activity, product costs, channel mix as well as variation in foreign currency.Adjusted operating income is expected to be nearly $130-$160 million. The company projects interest expenses of about $45 million. Capital expenditures are anticipated to be nearly $225 million compared with $275 million in 2017.The company, which has undertaken restructuring efforts since 2017, projects savings of at least $75 million annually in 2019 and thereafter.Zacks Rank & Stock to ConsiderUnder Armour carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the retail sector are G-III Apparel Group GIII, Delta Apparel DLA and Lululemon Athletica LULU. All the three of them carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. G-III Apparel Group has delivered a positive earnings surprise in the last three quarters.Delta Apparel has an impressive long-term earnings growth of 15%.Lululemon Athletica pulled off an average positive earnings surprise of 8.1% in the preceding four quarters.The Hottest Tech Mega-Trend of AllLast year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report lululemon athletica inc. (LULU): Free Stock Analysis Report G-III Apparel Group, LTD. (GIII): Free Stock Analysis Report Delta Apparel, Inc. (DLA): Free Stock Analysis Report Under Armour, Inc. (UAA): Free Stock Analysis Report To read this article on Zacks.com click here.