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Under Armour sales fall after retailer cuts discounts, promotions in bid to be more premium
CNBC· 2024-08-08 11:53
Under Armour apparel is displayed at a Dick's Sporting Goods store on May 16, 2024 in Petaluma, California.Under Armour on Thursday said quarterly sales fell 14% in North America, and adjusted its full-year profit guidance after settling a years-old securities lawsuit for $434 million.Still, the company beat Wall Street's expectations on the top and bottom lines.Here's how the athletic apparel company did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analy ...
Under Armour(UA) - 2025 Q1 - Quarterly Results
2024-08-08 11:43
Exhibit 99.1 UNDER ARMOUR REPORTS FIRST QUARTER 2025 RESULTS; UPDATES FISCAL 2025 OUTLOOK BALTIMORE, Aug. 8, 2024 – Under Armour, Inc. (NYSE: UA, UAA) announced unaudited financial results for its first quarter fiscal 2025, which ended June 30, 2024. The company reports its financial performance following accounting principles generally accepted in the United States of America ("GAAP"). This press release refers to "currency neutral" and "adjusted" amounts, which are non-GAAP financial measures described be ...
UNDER ARMOUR ANNOUNCES ERIC LIEDTKE AS EXECUTIVE VICE PRESIDENT OF BRAND STRATEGY
Prnewswire· 2024-08-06 12:30
Industry Veteran and Former adidas Group Executive Will Join the Company Following the Acquisition of UNLESS COLLECTIVE, INCBALTIMORE, Md., Aug. 6, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that Eric Liedtke will join the company as Executive Vice President of Brand Strategy following the completion of its acquisition of UNLESS COLLECTIVE, INC (UNLESS), a zero-plastic regenerative fashion brand. The transaction is expected to be completed later this week. Eric Liedtke, Under ...
UNDER ARMOUR ANNOUNCES FIRST QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL DATE
Prnewswire· 2024-07-24 20:30
BALTIMORE, July 24, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) plans to release its first quarter fiscal 2025 (ended June 30, 2024) results on August 8, 2024. Following the news release at approximately 7:00 a.m. Eastern Time (ET), Under Armour management will host a conference call at approximately 8:30 a.m. ET to review results. This call will be webcast live and archived at https://about.underarmour.com/investor-relations/financials. About Under Armour, Inc. Under Armour, Inc., headquartered ...
Under Armour agrees $434m class action settlement
Proactiveinvestors NA· 2024-06-24 12:45
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
The Bottom Fishing Club: Under Armour Left For Dead, Founder Again CEO
Seeking Alpha· 2024-06-16 14:02
Justin Sullivan/Getty Images News Under Armour, Inc. (NYSE:UAA) (NYSE:UA) saw its stock quote peak above $50 in 2015, following its IPO in November 2005. Rapid growth in its synthetic-fiber sports apparel and shoe business targeting serious athletes helped to transform this equity into a top "growth" name after a decade of public trading. YCharts - Under Armour (Class A), Stock Price Changes, Since November 2005 IPO Then, business trends reached their zenith, and the company moved its strategy toward ...
Under Armour(UA) - 2024 Q4 - Annual Report
2024-05-29 20:38
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-K ______________________________________ (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-33202 _____________________________________ ...
Under Armour to lay off employees as part of restructuring plan
foxbusiness.com· 2024-05-17 18:05
Under Armour Inc. is initiating a restructuring plan to turn around its mounting losses.  Founder Kevin Plank, who was brought back as CEO last month after stepping down at the end of 2019, told analysts that he is working on cost management and implementing necessary strategies to grow the brand. This includes an undisclosed number of layoffs. The company said it plans to take a charge of between $7 million and $15 million in employee severance and benefits costs. FOX Business reached out to Under Armour f ...
Bears Sent a False Alarm for Under Armour Stock
marketbeat.com· 2024-05-17 12:33
Key PointsUnder Armor's stock stabilized after a 15% decline, showing investors its proper fundamentals are still solid today.Expected to grow its EPS above peers and beat inflation, analysts see a double-digit upside in price targets.Under Armour stock trades at a discount to the sector despite a better positioning.5 stocks we like better than Alibaba GroupAfter shares of Under Armour Inc. NYSE: UA plummeted by 15% in the pre-market session of Thursday morning due to the company’s release of its first quar ...
Under Armour Misses Profit Forecasts, Announces Restructuring Plan
investopedia.com· 2024-05-16 16:10
Key TakeawaysUnder Armour's fourth-quarter profit missed estimates, with CEO Kevin Plank attributing the quarter to a "challenging retail environment."The apparel maker announced a fiscal 2025 restructuring plan that could cause up to $90 million in costs through layoffs and other methods.The company's board also approved a stock buyback plan, allowing Under Armour to repurchase $500 million of its own shares over the next three years. Under Armour (UAA) on Thursday reported fourth-quarter profit that fell ...