Under Armour, Inc., together with its subsidiaries, develops, markets, and distributes branded performance apparel, footwear, and accessories for men, women, and youth primarily in North America, Europe, the Middle East, Africa, the Asia-Pacific, and Latin America. The company offers its apparel in compression, fitted, and loose types to be worn in hot and cold. It also provides various footwear products for running, basketball, cleated sports, slides, training, and outdoor. In addition, the company offers accessories, which include gloves, bags, headwear, and sports masks; and digital fitness subscriptions, as well as digital advertising through MapMyFitness platform. It primarily offers its products under the HEATGEAR, COLDGEAR, RUSH or RECOVER, UA HOVR, UA Logo, UNDER ARMOUR, UA, ARMOUR, PROTECT THIS HOUSE, I WILL, ARMOUR BRA, and ARMOUR FLEECE brands. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors; and directly to consumers through a network of 439 brand and factory house stores, as well as through e-commerce websites. Under Armour, Inc. was founded in 1996 and is headquartered in Baltimore, Maryland.
IPO Year: 2016
Exchange: NYSE
Website: underarmour.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/2/2022 | $23.00 → $24.00 | Equal-Weight → Overweight | Morgan Stanley |
Morgan Stanley upgraded Under Armour from Equal-Weight to Overweight and set a new price target of $24.00 from $23.00 previously
BALTIMORE, Dec. 12, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UAA, UA)) hosted an investor meeting in New York City today. At the meeting, senior executives provided an in-depth qualitative overview of the company's product, brand, and commercial strategies and other key initiatives being executed to strengthen its ability to deliver improved value creation to shareholders over the long term. Additionally, the company reiterated its full-year fiscal 2025 outlook, which it provided in conjunction with its second-quarter fiscal 2025 earnings results in November. "Today, we
NetworkNewsWire Editorial Coverage NEW YORK, Dec. 10, 2024 /PRNewswire/ -- The sports industry is undergoing significant transformation, driven by shifts in ownership models, global branding strategies, and increasing investment in community-focused initiatives. Multi-club ownership, a rising trend in professional football (soccer), is gaining attention as organizations seek to optimize resources, develop talent, and expand market reach. Simultaneously, major players in sportswear and event management are realigning priorities to capture evolving consumer demands and enhance operational efficiency. These dynamics are creating opportunities for companies across the sector, from football clubs
BALTIMORE, Nov. 21, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA)) today announced that it will hold an investor meeting on Thursday, Dec. 12, 2024. At the event, President & Chief Executive Officer Kevin Plank, along with other senior executives, will provide an in-depth qualitative update on the company's product, brand, and commercial strategies, as well as the key initiatives Under Armour is executing to strengthen its premium positioning and improve shareholder value creation for the long term. The invitation-only in-person meeting will be held in New York City.
BALTIMORE, Nov. 7, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UAA, UA)) announced unaudited financial results for its second quarter of fiscal 2025, which ended September 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 below under the "Non-GAAP Financial Information" paragraph. "Our second quarter fiscal 2025 performance demonstrates that our strategy to re
BALTIMORE, Oct. 21, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) plans to release its second quarter fiscal 2025 (ended September 30, 2024) results on November 7, 2024. Following the news release at approximately 6:55 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 in Baltimore, Maryland, is a leading inventor, marketer, and
BALTIMORE, Sept. 9, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UAA, UA))) today announced an update to its Fiscal 2025 restructuring plan, including additional initiatives to optimize the company's strategic supply chain capabilities and overall business performance. Previously, the company expected to incur pre-tax restructuring and related charges of approximately $70 million to $90 million in connection with its Fiscal 2025 restructuring plan. Following further evaluation, the company has identified approximately $70 million of charges, largely related to the decision to
BALTIMORE, Aug. 8, 2024 /PRNewswire/ -- 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 below under the "Non-GAAP Financial Information" paragraph. "We are encouraged by early progress in our efforts to reconstitute a premium positionin
Industry Veteran and Former adidas Group Executive Will Join the Company Following the Acquisition of UNLESS COLLECTIVE, INC BALTIMORE, 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. After a 26-year career at adidas Group (adidas), culminating in his roles as Brand Presiden
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 in Baltimore, Maryland, is a leading inventor, marketer, and distribu
Company Also Announced a New $500 Million Share Repurchase Program BALTIMORE, May 16, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) announced unaudited financial results for its fourth quarter and full-year fiscal 2024, which ended March 31, 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 below under the "Non-GAAP Financial Information" paragraph. "Amid
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BALTIMORE, Nov. 7, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UAA, UA)) announced unaudited financial results for its second quarter of fiscal 2025, which ended September 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 below under the "Non-GAAP Financial Information" paragraph. "Our second quarter fiscal 2025 performance demonstrates that our strategy to re
BALTIMORE, Oct. 21, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) plans to release its second quarter fiscal 2025 (ended September 30, 2024) results on November 7, 2024. Following the news release at approximately 6:55 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 in Baltimore, Maryland, is a leading inventor, marketer, and
BALTIMORE, Aug. 8, 2024 /PRNewswire/ -- 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 below under the "Non-GAAP Financial Information" paragraph. "We are encouraged by early progress in our efforts to reconstitute a premium positionin
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 in Baltimore, Maryland, is a leading inventor, marketer, and distribu
Company Also Announced a New $500 Million Share Repurchase Program BALTIMORE, May 16, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) announced unaudited financial results for its fourth quarter and full-year fiscal 2024, which ended March 31, 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 below under the "Non-GAAP Financial Information" paragraph. "Amid
BALTIMORE, May 2, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) plans to release its fourth quarter and full-year fiscal 2024 (ended March 31, 2024) results on May 16, 2024. Following the news release at 6:55 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 in Baltimore, Maryland, is a leading inventor, marketer, and distributo
BALTIMORE, Feb. 8, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) announced unaudited financial results for its third quarter fiscal 2024, which ended December 31, 2023. 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 below under the "Non-GAAP Financial Information" paragraph. "Despite a mixed retail environment during the holiday season, our third quarter rev
BALTIMORE, Jan. 25, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) plans to release its third quarter fiscal 2024 (ended December 31, 2023) results on February 8, 2024, at 6:55 a.m. Eastern Time (ET). Following the news release, 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 in Baltimore, Maryland, is a leading inventor, marketer, and distributor of
BALTIMORE, Oct. 11, 2023 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) plans to release its second quarter fiscal 2024 (ended September 30, 2023) results on November 8, 2023, at 6:55 a.m. Eastern Time (ET). Following the news release, 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 in Baltimore, Maryland, is a leading inventor, marketer, and distributor o
BALTIMORE, Aug. 8, 2023 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) today announced unaudited financial results for its first quarter fiscal 2024 ended June 30, 2023. 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" amounts, which are non-GAAP financial measures described below under the "Non-GAAP Financial Information" paragraph. "We're pleased with how we have navigated our start to fiscal 2024," said Under Armour President and CEO
Kevin Plank to Become Chief Executive Officer; Mohamed A. El-Erian, Under Armour's Lead Director, Named Chair of the Board BALTIMORE, March 13, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) today announced that Kevin Plank will become President & Chief Executive Officer, effective April 1, 2024. Plank will succeed Stephanie Linnartz, who will be stepping down as President & Chief Executive Officer and member of the Board. In connection with Plank's appointment, Dr. Mohamed A. El-Erian, an independent director since 2018 and Lead Director since 2020, will become the non-executive Chair of the Board. Plank, who will transition from Executive Chair of the Board, will remain a directo
Sportswear Brand and Product Creator Yassine Saidi Set to Lead Company's Product Evolution; UA Veteran Kara Trent to Lead Americas Business BALTIMORE, Jan. 12, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced two new leadership appointments: Yassine Saidi as Chief Product Officer and Kara Trent as President of the Americas. Saidi will join the company on Jan. 29, and Trent, currently serving as the managing director of the company's EMEA region, will assume her new role in February. Both will report directly to President and CEO Stephanie Linnartz. "In t
Long-standing Director Harvey Sanders to Retire March 31st BALTIMORE, Jan. 31, 2023 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) today announced the appointment of Carolyn Everson and Patrick Whitesell as members of its Board of Directors effective Feb. 1, 2023. In addition, longtime member Harvey Sanders will retire from Under Armour's Board on March 31, 2023. As previously announced, Stephanie Linnartz will join the company as President, Chief Executive Officer, and a member of its Board of Directors, effective February 27, 2023. "We are thrilled to welcome Carolyn a
Patrik Frisk to Step Down; Colin Browne Appointed Interim President and Chief Executive Officer, Effective June 1, 2022 Board Initiates Comprehensive Search for Permanent Successor BALTIMORE, May 18, 2022 /PRNewswire/ -- Under Armour, Inc. ("the company") (NYSE:UA, UAA))), today announced that Patrik Frisk will step down as President and Chief Executive Officer (CEO) and as a member of the Board of Directors (board), effective June 1, 2022. The board has initiated a comprehensive internal and external search process to identify a permanent President and CEO. Until a successor is named, the board has appointed Colin Browne, the company's Chief Operating Officer (COO), as interim President an
BALTIMORE, Oct. 14, 2021 /PRNewswire/ -- Under Armour, Inc. (NYSE:UA, UAA))) today announced the appointment of Massimo Baratto to Executive Vice President, Chief Consumer Officer. Since joining Under Armour in 2018, Baratto has served as Managing Director of the company's Europe, Middle East and Africa (EMEA) region. Effective Nov. 1, this newly created role will oversee all aspects of Under Armour's consumer strategy, delivering a seamless, consistent brand experience with responsibility for global marketing, eCommerce and retail. "Today's announcement underscores our commi