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Under Armour Inc (UAA.N)

UAA.N on New York Stock Exchange

22.98USD
11:57am EST
Change (% chg)

$0.19 (+0.83%)
Prev Close
$22.79
Open
$23.17
Day's High
$23.65
Day's Low
$22.82
Volume
314,461
Avg. Vol
1,207,992
52-wk High
$24.68
52-wk Low
$11.89

Latest Key Developments (Source: Significant Developments)

Greenlight Capital Cuts Share Stake In Twitter, Dissolves Share Stake in Under Armour
Tuesday, 15 May 2018 04:24pm EDT 

May 15 (Reuters) - Greenlight Capital Inc::GREENLIGHT CAPITAL DISSOLVES SHARE STAKE IN UNDER ARMOUR INC.GREENLIGHT CAPITAL CUTS SHARE STAKE IN TWITTER INC BY 10.1 PERCENT TO 2.5 MILLION SHARES.GREENLIGHT CAPITAL TAKES SHARE STAKE OF 2.1 MILLION SHARES IN OFFICE DEPOT INC.GREENLIGHT CAPITAL CUTS SHARE STAKE IN PERRIGO CO PLC BY 20.7 PERCENT TO 2.3 MILLION SHARES.GREENLIGHT CAPITAL - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Under Armour Q4 Loss Per Share $0.20
Tuesday, 13 Feb 2018 06:55am EST 

Feb 13 (Reuters) - Under Armour Inc ::UNDER ARMOUR REPORTS FOURTH QUARTER AND FULL YEAR RESULTS; ANNOUNCES OUTLOOK FOR 2018.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $0.14 TO $0.19 EXCLUDING ITEMS.Q4 ADJUSTED EARNINGS PER SHARE $0.00.Q4 LOSS PER SHARE $0.20.Q4 REVENUE ROSE 5 PERCENT TO $1.4 BILLION.QTRLY GROSS MARGIN DECLINED 150 BASIS POINTS TO 43.2 PERCENT.2018 ‍GROSS MARGIN IS EXPECTED TO INCREASE APPROXIMATELY 50 BASIS POINTS​.‍2018 CAPITAL EXPENDITURES ARE PLANNED AT APPROXIMATELY $225 MILLION​.INVENTORY INCREASED 26 PERCENT TO $1.2 BILLION AT QUARTER END.Q4 EARNINGS PER SHARE VIEW $0.00 -- THOMSON REUTERS I/B/E/S.NET REVENUE IS EXPECTED TO BE UP AT A LOW SINGLE-DIGIT PERCENTAGE RATE IN 2018.Q4 REVENUE VIEW $1.31 BILLION -- THOMSON REUTERS I/B/E/S.AFTER ADDITIONAL REVIEW, ANNOUNCED AN ADDITIONAL 2018 RESTRUCTURING PLAN.UNDER ARMOUR - ABOUT $110 TO $130 MILLION OF PRE-TAX RESTRUCTURING & RELATED CHARGES EXPECTED TO BE INCURRED FROM ADDITIONAL 2018 RESTRUCTURING PLAN.BASED ON RESTRUCTURING EFFORTS IN 2017 AND 2018, ANTICIPATES MINIMUM OF $75 MILLION IN SAVINGS ANNUALLY IN 2019 AND BEYOND.FY2018 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $5.13 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Under Armour Announces Official Partnership With Team Canada
Friday, 15 Dec 2017 08:00am EST 

Dec 15 (Reuters) - Under Armour Inc ::UNDER ARMOUR ANNOUNCES OFFICIAL PARTNERSHIP WITH TEAM CANADA THROUGH 2024.UNDER ARMOUR - CO, CANADIAN OLYMPIC COMMITTEE ANNOUNCE CO AS OFFICIAL HIGH PERFORMANCE FOOTWEAR SUPPLIER FOR TEAM CANADA FOR NEXT EIGHT YEARS.  Full Article

Under Armour Announces New Senior Management Additions In Europe And Communications
Monday, 11 Dec 2017 05:15pm EST 

Dec 11 (Reuters) - Under Armour Inc ::UNDER ARMOUR ANNOUNCES NEW SENIOR MANAGEMENT ADDITIONS IN EUROPE AND COMMUNICATIONS.UNDER ARMOUR INC - MASSIMO BARATTO NAMED VICE PRESIDENT AND MANAGING DIRECTOR EUROPE.UNDER ARMOUR INC - KELLEY MCCORMICK APPOINTED SENIOR VICE PRESIDENT, CORPORATE COMMUNICATIONS.  Full Article

Under Armour Names David Bergman As Chief Financial Officer
Monday, 4 Dec 2017 05:05pm EST 

Dec 4 (Reuters) - Under Armour Inc ::UNDER ARMOUR NAMES DAVID BERGMAN AS CHIEF FINANCIAL OFFICER.UNDER ARMOUR INC - ANNOUNCED THAT DAVID BERGMAN HAS BEEN NAMED CHIEF FINANCIAL OFFICER.  Full Article

Under Armour Announces Strategic Changes In Its Digital Business
Monday, 4 Dec 2017 05:05pm EST 

Dec 4 (Reuters) - Under Armour Inc ::UNDER ARMOUR ANNOUNCES STRATEGIC CHANGES IN ITS DIGITAL BUSINESS.UNDER ARMOUR INC - MICHAEL LA GUARDIA WILL JOIN AS SENIOR VICE PRESIDENT, DIGITAL PRODUCT.UNDER ARMOUR INC - LA GUARDIA WAS MOST RECENTLY HEAD OF PRODUCT FOR BOTH YAHOO! FINANCE AND SPORTS.UNDER ARMOUR INC - MIKE LEE AND ALBERT LEE, CO-FOUNDERS OF MYFITNESSPAL, ANNOUNCED THEIR DECISION TO LEAVE COMPANY IN JANUARY.UNDER ARMOUR - AS PART OF RESTRUCTURING, INTEGRATED TECHNOLOGY ACROSS CONNECTED FITNESS DIGITAL PRODUCT, DIGITAL ENGINEERING AND DIGITAL MEDIA.  Full Article

‍Redwave Global says announced partnership with Under Armour
Tuesday, 21 Nov 2017 10:00am EST 

Nov 21 (Reuters) - ‍Redwave Global::‍Redwave Global says announced partnership with Under Armour Inc to provide restorative apparel to consumers nationwide​.  Full Article

Under Armour mulls exiting smaller sports categories - WSJ
Monday, 23 Oct 2017 01:46pm EDT 

Oct 23 (Reuters) - :Under Armour mulls exiting smaller sports categories such as tennis and fishing; co-founder Kip Fulks takes sabbatical - WSJ, citing sources.  Full Article

Under Armour names Patrik Frisk president and COO of the company
Tuesday, 27 Jun 2017 06:55am EDT 

June 27 (Reuters) - Under Armour Inc ::Under Armour announces Patrik Frisk as president and chief operating officer.Under armour inc - company also announced strategic executive changes to align its organizational structure.Under armour inc - Frisk will have responsibility for company's go-to-market strategy and successful execution of its long-term growth plan.Under armour - Paul Fipps named chief technology officer with responsibility for overseeing all aspects of engineering that support co's web and mobile applications.  Full Article

Kohl's CEO - Saw strength across activewear due in large part to launch of Under Armour
Thursday, 11 May 2017 11:47am EDT 

May 11 (Reuters) - Kohls Corp :On conf call- Q1 average transaction value increased driven by a continued increase in average unit retail.CEO -saw strength across active businesses due in large part to launch of Under Armour <<>>, which has exceeded our expectations.CEO -inventory effectiveness initiatives, including supply chain speed initiative, localization efforts and leveraging store inventories for online demand fulfillment, helped inventory and gross margin results.CEO -buy online, pick up in store demand reached 13% of online orders, up from 8% last year.CEO -will be launching a very targeted effort to capture sales from competitor stores that are closing.CEO -plan to open 4 new 35,000 square foot stores this fall in very dense existing markets.CEO -will continue reducing the number of private-label brands we offer in women's to "help" sales of bigger brands such as sonoma.  Full Article

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