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The Latest Breaking News from Under Armour Inc

Under Armour's Q2 Sales Could Be Weakest Of 2025: BofA Securities Explains

While Under Armour Inc (NYSE:UAA) has the potential for a turnaround in the longer term, it could face margin pressure from tariffs and wholesale uncertainty in the near term, according to BofA Securities.

3 Sports Apparel Stocks Scoring Big With Consumers

3 Sports Apparel Stocks Scoring Big With Consumers

The sports apparel sector is expected to witness considerable long-term growth thanks to robust demand and rapidly evolving consumer choices. Given this backdrop, fundamentally sound sports apparel stocks NIKE (NKE), Lululemon (LULU), and Under Armour (UAA) could be solid watchlist additions. Read on.

3 Sportswear Stocks to Keep on Your Radar

3 Sportswear Stocks to Keep on Your Radar

With health and fitness on the rise, the sportswear market is booming. Moreover, the ongoing Paris 2024 Olympics is further boosting interest, and Nike (NKE), adidas (ADDYY), and Under Armour (UAA) are leading the charge with a new era of high-performance and stylish activewear. Thus, keeping these stocks on your…

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Benzinga's Top Ratings Upgrades, Downgrades For August 4, 2022

5 Recently Downgraded Stocks to Avoid

Given the ongoing market uncertainties owing to the planned rate hikes to control the multi-decade high inflation and rising odds of a recession, it could be wise to avoid Under Armour (UAA), Winnebago Industries (WGO), Thor Industries (THO), The Bank of New York Mellon (BK) and Wipro (WIT), which analysts…

Benzinga's Top Ratings Upgrades, Downgrades For May 19, 2022

Under Armour Announces CEO Transition: What Investors Should Know

Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down.

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Why Under Armour Shares Are Plunging Today

Why Under Armour Shares Are Plunging Today

Under Armour Inc (NYSE:UAA) (NYSE:UA) reported sales growth of 3% year-on-year to $1.30 billion for its transition quarter ended March 31, 2022, missing the consensus of $1.32 billion. As announced earlier, following a three-month transition period (January 1 – March 31, 2022), Under Armour's FY23 will run from April 1, 2022, through March…

Itochu Acquires 70% Stake In Under Armour's Japan Distributor: Nikkei Asia

Itochu Acquires 70% Stake In Under Armour's Japan Distributor: Nikkei Asia

Trading house Itochu has agreed to acquire a majority stake in Under Armour Inc’s (NYSE:UAA) Japanese distributor, Dome, Nikkei Asia reported. Itochu is expected to own about 70% of Dome after completing the transactions, leaving Under Armour with a 30% stake. The report noted that Itochu and Under Armour are expected to manage the business…

Under Armour Q4 Earnings Top Estimates

Under Armour Q4 Earnings Top Estimates

Under Armour Inc (NYSE:UAA) reported fourth-quarter FY21 sales growth of 9% year-on-year, to $1.53 billion, beating the analyst consensus of $1.47 billion. Wholesale revenue increased 16% Y/Y to $768 million, and direct-to-consumer revenue rose 10% to $720 million. Apparel revenue grew 18% Y/Y, Footwear climbed 17%, while Accessories revenue decreased 27%. Adjusted EPS…

BMO Capital Upgrades Under Armour To Outperform

BMO Capital Upgrades Under Armour To Outperform

BMO Capital analyst Simeon Siegel upgraded Under Armour Inc (NYSE:UAA) to Outperform from Market Perform with a price target of $25, up from $23, implying a 32.56% upside. Simeon believes the recent selloff discounts Under Armour's pandemic transformation by re-focusing on profits over growth for growth's sake. With recent industry updates and "increasingly challenging compares"…

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