(Reuters) – Under Armour raised its annual profit forecast on Thursday, helped by easing input and freight costs.

The company expects a profit of 57 cents to 59 cents per share for fiscal 2024, compared with its prior forecast of 47 cents to 51 cents.

(Reporting by Annett Mary Manoj and Ananya Mariam Rajesh in Bengaluru; Editing by Arun Koyyur)

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