Under Armour founder CEO Kevin Plank has been back in place as CEO for ~9 months, intent on enhancing the brand's image beyond low-cost wholesaling. The company's recent earnings report shows progress, with raised guidance and strong gross margins, but challenges remain in inventory and shifting consumer perception. Concerns over tariffs and manufacturing footprint in Asia add uncertainty to the story.
Under Armour on Thursday raised its forecast for annual profit, as the athletic wear maker's efforts to dial down on discounts coupled with easing product and freight costs bolstered its margins.
Women's 3x3 basketball league Unrivaled has signed a deal with Baltimore-based Under Armour. The retailer will provide apparel for both on and off the court.
Under Armour, Inc.'s Q2 2025 results beat expectations, but revenue and profit remain down YoY, showing widespread challenges across categories, regions, and channels. Cost-cutting measures improved margins and operating income, but the brand's turnaround lacks substantial evidence, with sales and brand heat still struggling. The stock price already reflects significant operational improvements, leaving little upside potential and considerable downside risk if results don't materialize.
Under Armour Inc (NYSE:UA) shares leapt 30% to an 18-month high on the back of results coming in better than expected under new CEO Kevin Plank, despite falling sales. The sportswear manufacturer upped its guidance for the year to next March, now expecting smaller losses than before.
Shares of Under Armour Inc. were having their best day ever on Thursday, after the maker of athletic gear said its upbeat quarterly results and full-year outlook showed that the company's “affinity for the underdog” and plan to provide premium products was working.
Under CEO Kevin Plank, Under Armour has been repositioning itself as a premium athletic wear company.
Sportswear maker Under Armour raised its annual profit forecast on Thursday, betting on its cost-saving strategy and efforts to sell more clothing and shoes at full price.
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Under Armour, Inc. ("Under Armour" or the "Company") (NYSE:UA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Under Armour, Inc. ("Under Armour" or the "Company") (NYSE:UA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / October 29, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Under Armour, Inc. ("Under Armour" or the "Company") (NYSE:UA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.
NEW YORK, NY / ACCESSWIRE / October 27, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Under Armour, Inc. ("Under Armour" or the "Company") (NYSE:UA). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.