NEW YORK, NY / ACCESSWIRE / September 21, 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 / September 19, 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 / September 15, 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 / September 13, 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.
Under Armour's stock initially rose with founder Kevin Plank's return and FQ1 results but fell due to higher FY25 restructuring charges misunderstood by the market. The restructuring charges increased to $140-$160 million, causing a slight rise in operating loss, yet adjusted EPS remains on target. The stock's valuation at only 0.6x EV/S targets suggests substantial upside compared to peers like Lululemon and Nike, on top of the potential for the brand's resurgence.
NEW YORK, NY / ACCESSWIRE / September 11, 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.
Under Armour updated its outlook for fiscal 2025, lowering its earnings guidance. But the increased losses are coming from increased restructuring charges.
Under Armour Inc.'s stock tumbled 8% Tuesday, after the sporting goods and apparel maker warned its fiscal 2025 losses would be bigger than expected, prompting analysts to take a more cautious tone on the business.
Shares of Under Armour Inc. dropped in the extended session Monday after the retailer said it expects a bigger operating loss in fiscal 2025 thanks to increased restructuring costs.
[Note: Under Armour's FY'24 ended March 31, 2024]
Under Armour's returning CEO is repositioning the brand for long-term success, sacrificing low-margin sales volume. The company expects big losses this year, but its gross margin is trending in the right direction.
Founder Kevin Plank took the reins from former CEO Stephanie Linnartz in April, and the company has since been in refresh mode.