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Under Armour Inc (UAA.N)

UAA.N on New York Stock Exchange

27.51USD
15 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Under Armour Reports Q1 Earnings Per Share Of $0.05
Thursday, 2 May 2019 

May 2 (Reuters) - Under Armour Inc ::UNDER ARMOUR REPORTS FIRST QUARTER RESULTS; UPDATES 2019 FULL YEAR OUTLOOK.SEES FY 2019 EARNINGS PER SHARE $0.33 TO $0.34.Q1 EARNINGS PER SHARE $0.05.Q1 REVENUE $1.2 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.18 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $-0.00 -- REFINITIV IBES DATA.QTRLY NORTH AMERICA REVENUE DECREASED 3 PERCENT TO $843 MILLION.2019 REVENUE IS EXPECTED TO BE UP APPROXIMATELY 3 TO 4 PERCENT.2019 GROSS MARGIN IS NOW EXPECTED TO INCREASE APPROXIMATELY 110 TO 130 BASIS POINTS COMPARED TO 2018.2019 CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $210 MILLION..FY2019 EARNINGS PER SHARE VIEW $0.34, REVENUE VIEW $5.36 BILLION -- REFINITIV IBES DATA.2019 EARNINGS PER SHARE IS NOW EXPECTED TO BE $0.33 TO $0.34 VERSUS PREVIOUSLY EXPECTED RANGE OF $0.31 TO $0.33.CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $210 MILLION FOR 2019.INVENTORY DECREASED 24 PERCENT TO $875 MILLION.2019 OPERATING INCOME IS NOW EXPECTED TO REACH $220 MILLION TO $230 MILLION.  Full Article

Under Armour Announces New Reporting Segment
Thursday, 2 May 2019 

May 2 (Reuters) - Under Armour Inc ::UNDER ARMOUR ANNOUNCES NEW REPORTING SEGMENT.UNDER ARMOUR INC - REALIGNMENT OF ITS SEGMENTS TO EXCLUDE CERTAIN CORPORATE COSTS FROM ITS OPERATING SEGMENT PROFITABILITY MEASURES.UNDER ARMOUR INC - FINANCIAL RESULTS FOR Q1 ENDED MARCH 31, 2019, CERTAIN PRIOR YEAR AMOUNTS HAVE BEEN RECAST TO CONFORM TO 2019 PRESENTATION.UNDER ARMOUR - DUE TO CHANGE IN SEGMENTS, CO UPDATED ITS 5-YEAR SEGMENT OPERATING. PROFITABILITY TARGETS PRESENTED AT ITS DECEMBER 12, 2018 INVESTOR MEETING.UNDER ARMOUR INC - CHANGES HAVE NO IMPACT ON PREVIOUSLY REPORTED CONSOLIDATED BALANCE SHEETS, STATEMENTS OF OPERATIONS, OTHER.UNDER ARMOUR - CHANGE IN SEGMENTS MOST SIGNIFICANTLY IMPACTS NORTH AMERICA OPERATING SEGMENT.UNDER ARMOUR INC - TO REPORT EXCLUDED EXPENSES AS CORPORATE OTHER BEGINNING IN FISCAL 2019.UNDER ARMOUR - UPDATED 2023 TARGET FOR NORTH AMERICA OPERATING INCOME TO LOW-TO-MID 20'S.  Full Article

Under Armour Reports Fourth Quarter And FY2018 Results
Tuesday, 12 Feb 2019 

Feb 12 (Reuters) - Under Armour Inc ::UNDER ARMOUR REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS; REITERATES 2019 OUTLOOK.SEES FY 2019 EARNINGS PER SHARE $0.31 TO $0.33.Q4 ADJUSTED EARNINGS PER SHARE $0.09.Q4 EARNINGS PER SHARE $0.01.Q4 REVENUE $1.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.38 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.04 -- REFINITIV IBES DATA.QTRLY GROSS MARGIN INCREASED 160 BASIS POINTS TO 45.0 PERCENT COMPARED TO PRIOR YEAR.QUARTER-END INVENTORY DECREASED 12 PERCENT TO $1.0 BILLION.UNDER ARMOUR - FY 2019 REVENUE IS EXPECTED TO INCREASE APPROXIMATELY 3 TO 4 PERCENT REFLECTING RELATIVELY FLAT RESULTS FOR NORTH AMERICA.QTRLY WHOLESALE REVENUE INCREASED 1 PERCENT TO $737 MILLION AND DIRECT-TO-CONSUMER REVENUE WAS FLAT AT $577 MILLION.QTRLY NORTH AMERICA REVENUE DECREASED 6 PERCENT TO $965 MILLION.FOR FULL YEAR COMPANY RECOGNIZED $204 MILLION OF PRE-TAX CHARGES, INCLUSIVE OF $50 MILLION IN Q4.SEES FY 2019 GROSS MARGIN IS EXPECTED TO IMPROVE APPROXIMATELY 60 TO 80 BASIS POINTS COMPARED TO 2018 ADJUSTED GROSS MARGIN.QTRLY INTERNATIONAL BUSINESS REVENUE INCREASED 24 PERCENT TO $395 MILLION.SEES FY 2019 CAPITAL EXPENDITURES PLANNED AT APPROXIMATELY $210 MILLION.QTRLY APPAREL REVENUE INCREASED 2 PERCENT TO $970 MILLION WITH GROWTH IN TRAIN CATEGORY.FY2019 EARNINGS PER SHARE VIEW $0.33 -- REFINITIV IBES DATA.  Full Article

Greenlight Capital Cuts Share Stake In Twitter, Dissolves Share Stake in Under Armour
Wednesday, 16 May 2018 

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 

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 

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
Tuesday, 12 Dec 2017 

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
Tuesday, 5 Dec 2017 

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
Tuesday, 5 Dec 2017 

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 

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

Nike, Under Armour, among others, urge Trump to remove footwear from tariff list

Leading U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged the U.S. President Donald Trump to immediately remove footwear from the proposed tariffs list on goods imported from China.