NEW YORK, NY / ACCESSWIRE / September 12, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Under Armour, Inc. ("Under Armour, Inc.") (NYSE:UA) concerning possible violations of federal securities laws. Under Armour issued a press release on September 9, 2024, "announc[ing] an update to its Fiscal 2025 restructuring plan, including additional initiatives to optimize the company's strategic supply chain capabilities and overall business performance.
Under Armour (UAA) shares sank in intraday trading Tuesday, a day after the athletic apparel maker warned that the costs of its fiscal 2025 restructuring plan would be much more than initially thought.
Under Armour (UAA) shares sank in intraday trading Tuesday, a day after the athletic apparel maker warned that the costs of its fiscal 2025 restructuring plan would be much more than initially thought.
UAA's restructuring initiative bodes well for sustained growth and stronger financial performance in the future despite the near-term challenges.
Global athletic apparel and footwear brand Under Armour Inc. NYSE: UAA is steadily gaining ground on its turnaround plan. The company had a setback when former CEO Stephanie Linnartz abruptly resigned on April 1, 2024, after serving just a year as the CEO.
Under Armour, Inc. presently has a relatively high Valuation, negative growth metrics, and, in my opinion, the risk that comes attached to an investment is relatively high. I am convinced that the risk-reward profile of Under Armour is significantly less attractive than Nike's. Under Armour presently receives my sell rating. I suggest reallocating the capital to competitor Nike, following the investment approach of The Dividend Income Accelerator Portfolio, in which Nike is one of the largest positions.
Under Armour (UAA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Under Armour's (UAA) Q1 results reflect a year-over-year decline in revenues. However, its gross margin expands 110 bps due to reduced discounting in the direct-to-consumer segment and lower product costs.
Under Armour, Inc. (NYSE:UAA ) Q1 2025 Earnings Call Transcript August 8, 2024 8:30 AM ET Company Participants Lance Allega - SVP, IR, Treasury and Corporate Development Kevin Plank - President and CEO Dave Bergman - CFO Conference Call Participants Jay Sole - UBS Bob Drbul - Guggenheim Simeon Siegel - BMO Capital Markets Geoff Lowery - Redburn Jim Duffy - Stifel Paul Lejuez - Citi Laurent Vasilescu - BNP Paribas Sam Poser - Williams Trading Operator Good morning, and welcome to the Under Armour First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
Under Armour (UAA) shares popped intraday Thursday following the company's first-quarter fiscal 2025 results, its first since announcing a substantial restructuring plan.
Under Armour (NYSE: UA ) stock is gaining on Thursday after the company reported positive earnings for its fiscal first quarter of 2025. The latest earnings report from Under Armour starts with its adjusted earnings per share of 1 cent.
Shares of Under Armour Inc (NYSE:UAA) are 17.6% higher at $7.61 this morning, on track for its best session since October 2018 after the athletics apparel retailer reported a surprise quarterly profit and hiked its fiscal 2025 outlook.