Under Armour is expected to become a $7.5 billion company by 2018, a number that is on track to double this year's revenue, according to CEO Kevin Plank.
That growth from $3.1 billion in the most fiscal recent year, according to FactSet, will come, in part, from its international business, he said. Despite the economic slowdown in China, Plank told CNBC's "Power Lunch" he believes there is still an opportunity to expand to overseas markets, including Asia.
"We're building off our 2013 investor day goals. So we're actually a year early on reaching that 12 percent milestone with the company," he said in an interview from the athletic apparel company's investor day in Baltimore on Wednesday.
"And then, we're listing that we'll continue to grow our international business at a pretty large clip, so we'll be north of 15 percent will come from outside the United States by 2018."