After appearing on "The Strategy Session" on Thursday, Kevin Plank, CEO of Under Armour, the performance athletes gear, continued his discussion off-air, with Darren Rovell.
"No one ever has inventory figured out, you get better at it. And particularly for us, we're dealing with a much different company today, over a billion dollars, then we were just a couple of years ago at $600 million," Plank said.
Under Armour's fourth quarter net revenues show an increased 36 percent to $301.2 million; Full year net revenues increased 24 percent to $1.064 billion.
In addition, the company raised its 2011 net revenue guidance to $1.33 billion to $1.35 billion.
"Some of the questions that people said, 'young company, how good this can be, are they going to stick around,' and I think it doesn't happen with one quarter, but repeated winning or repeated demonstration of ability to manage what were doing," he said.