Profile
Sector:
Consumer CyclicalIndustry:
Apparel ManufacturingCountry:
United StatesIPO:
23 March 2016Website:
http://www.underarmour.comNext earnings report:
08 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 28 Jun 2024 23:59:59 GMTDividend
Analysts recommendations
Institutional Ownership
UA Latest News
Under Armour's stock peaked in 2015 above $50. It's now trading at all-time low valuations with price below $7. Founder Kevin Plank returns as CEO to lead a restructuring effort focusing on premium brand image and reduced discounting to outside retailers. The stock valuation may be one of the cheapest in its peer clothing/shoe segment of major retailers/manufacturers.
Under the leadership of founder Kevin Plank, Under Armour is working to reverse its financial losses and enhance its brand by focusing on men's clothing.
Following a 15% drop in pre-market trading on Thursday morning, Under Armour Inc. NYSE: UA saw its stock stabilize throughout the day, ultimately closing down 0.3% after the release of its first quarter 2024 earnings report. This may have caused bearish traders to reconsider their positions.
Sam Poser, an analyst at Williams Trading, appears on 'Squawk Box' to talk about Under Armour's stock decline following a disappointing full-year earnings forecast, the challenges the company faces despite having high-profile endorsements from athletes like Tom Brady and Stephen Curry, and other related topics.
Under Armour FY'24 concluded on March 31, 2024.
Shares of Under Armour (UAA) fell 10% after the company announced this week that founder Kevin Plank will return as Chief Executive Officer (CEO) as of April 1, replacing Stephanie Linnartz. Analysts at Evercore ISI were among the first to downgrade the stock on the news, saying that the shift in leadership indicates prior growth strategies were not working and that anticipated new initiatives could pose "significant risk to the brand longer-term.
Stephanie Linnartz, a former Marriott executive who took over at Under Armour in February 2023, is the second CEO UAA has cycled through in less than two years
Under Armour (UA, UAA) has announced a leadership shake-up: founder Kevin Plank has reassumed the position of Chief Executive Officer, replacing Stephanie Linnartz, who occupied the role for only a year. Yahoo Finance Executive Editor Brian Sozzi breaks down the market reaction and provides insight into Plank's operational mishaps during his tenure as CEO.
Stephanie Linnartz is out as Under Armour CEO after barely a year on the job, to be replaced by founder Kevin Plank. The surprise move is being interpreted as a sign that Under Armour's turnaround is not proceeding as planned.
Under Armour Inc (NYSE: UAA) stock was last seen down 12% to trade at $7.12, following news that founder Kevin Plank will return as CEO on April 1 to replace Stephanie Linnartz.
What type of business is Under Armour?
Under Armour, Inc. develops, produces, and sells branded clothing, footwear, and accessories for men, women, and youth. It also supplies various shoes for running, basketball, sports competitions, workouts, and active leisure. Under Armour, Inc. offers accessories including gloves, bags, and headwear; as well as digital fitness subscriptions, and digital advertising on platforms like MapMyFitness, MyFitnessPal, and Endomondo. Primarily, it offers its products under brands such as HEATGEAR, COLDGEAR, RUSH or RECOVER, UA Logo, UNDER ARMOUR, UA, ARMOUR, PROTECT THIS. HOUSE, I WILL, ARMOURBOX, ARMOUR BRA, and ARMOUR FLEECE, as well as brands like MyFitnessPal, MapMyFitness, and UNDER ARMOUR CONNECTED FITNESS. The company Under Armour, Inc. was founded in 1996, with headquarters located in Baltimore, Maryland.
What sector is Under Armour in?
Under Armour is in the Consumer Cyclical sector
What industry is Under Armour in?
Under Armour is in the Apparel Manufacturing industry
What country is Under Armour from?
Under Armour is headquartered in United States
When did Under Armour go public?
Under Armour initial public offering (IPO) was on 23 March 2016
What is Under Armour website?
https://www.underarmour.com
Is Under Armour in the S&P 500?
No, Under Armour is not included in the S&P 500 index
Is Under Armour in the NASDAQ 100?
No, Under Armour is not included in the NASDAQ 100 index
Is Under Armour in the Dow Jones?
No, Under Armour is not included in the Dow Jones index
When does Under Armour report earnings?
The next expected earnings date for Under Armour is 08 August 2024