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Under Armour To Open Detroit Location
Saturday, November 19, 2016 - 11:35pm | 253Read More...Under Armour Inc (NYSE: UA) CEO Kevin Plank announced Saturday that the company will be opening a retail location in downtown Detroit. The announcement was made at a charity event hosted by Dan Gilbert for the Children's Tumor Foundation. Under Armour will be taking over one of the...
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Under Armour CEO Kevin Plank Defends 'Get Big Fast' Strategy
Wednesday, October 26, 2016 - 1:10pm | 361Read More...The selling pressure in Under Armour Inc (NYSE: UA) carried over into Wednesday after Tuesday's disastrous session. Under Armour's earnings report signaled that its growth prospects aren't as strong as once believed and the company needs to embark on a "get big fast"...
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Why Kevin Plank's Sales Are Nothing For Under Armour Shareholders To Sweat
Tuesday, September 6, 2016 - 2:37pm | 334Read More...Under Armour Inc (NYSE: UA) shareholders shouldn’t be too concerned about CEO Kevin Plank selling more than 2 million shares of Under Armour stock. According to Baird analyst Jonathan Komp, Plank has been selling for years and his timing hasn’t been particularly good. “In fact, we...
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Under Armour's Revenue Boosted By Strong Shoe Sales And Steph Curry
Tuesday, July 26, 2016 - 11:45am | 561Read More...Under Armour Inc (NYSE: UA)'s stock was trading lower by more than 2 percent Tuesday morning after the company's second-quarter earnings report fell short of Wall Street's expectations. Under Armour's revenue for the second quarter rose 28 percent year-over-year to $1.0 billion...
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Under Armour Can Grow Top-Line 25% A Year, Bank Of America Says After Visiting HQ
Tuesday, April 26, 2016 - 1:23pm | 277Read More...After meeting with CEO Kevin Plank and other management, Bank of America analyst Robert Ohmes is convinced Under Armour Inc (NYSE: UA) can continue to grow sales by 25 percent annually. The meeting with management and the company’s Q1 earnings beat convinced Ohmes to raise his 2016 earnings...
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Under Armour Pops 5% Following Q1 Beat, Raised Outlook
Thursday, April 21, 2016 - 7:30am | 382Read More...Shares of Under Armour Inc (NYSE: UA) traded higher by more than 5 percent early Thursday morning after the company reported its first quarter results. Under Armour said it earned $0.04 per share in the first quarter on revenue of $1.05 billion. Wall Street analysts were expecting the company...
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Under Armour Surges Following Q4 Earnings Beat, Guidance
Thursday, January 28, 2016 - 8:41am | 449Read More...Shares of Under Armour Inc (NYSE: UA) were trading higher by 11 percent at $76.25 early Thursday morning after the company reported its fourth quarter results. Under Armour earned $0.48 per share in the fourth quarter on revenue of $1.17 billion. Wall Street analysts were expecting the company...
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Under Armour CEO On Future Of Wearables
Thursday, February 5, 2015 - 3:55pm | 388Read More...Kevin Plank, Under Armour Inc's (NYSE: UA) CEO, was on CNBC Thursday to discuss the future of wearables and his company’s digital fitness strategy. Related Link: Analysts Chime In On Under Armour Ahead Of Q4 Earnings “When you look at the 120 million unique people that we now...
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Has Athletic Wear Replaced Denim?
Friday, August 15, 2014 - 1:46pm | 997Read More...While fashion fads continue to come and go, one fad appears to be picking up momentum: Jeans are no longer cool. According to a report by CBS San Francisco, total jeans sales in the United States are down six percent year to year, following a growth of denim over the past decade. Say It Ain...
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Investors Scratch Heads as Under Armour Falls 8% After Beating Q1 Earnings
Thursday, April 24, 2014 - 12:41pm | 262Read More...Shares of Under Armour (NYSE: UA) are down a massive 8.5 percent to $49.81 after beating analyst first quarter estimates and raises full year 2014 guidance. The company reported earnings per share of $0.06 versus analyst estimates of $0.04. Revenue came in at $642 million, beating estimates of $...
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Women's Sportswear Market May Overtake Men's in Sales (LULU, UA)
Tuesday, October 29, 2013 - 3:53pm | 765Read More...You don't have to be an athlete to wear athletic apparel – and you don't have to go to a gym to know that sportswear has been a runaway hit with consumers for years now. But you may be surprised to learn the often-neglected women's side of the industry could soon sprint by men's sportwear in...
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Under Armour Investor Day: Strong U.S., Plans for International Expansion
Wednesday, June 5, 2013 - 4:42pm | 346Read More...Editor's note: This article is a collaborative effort between Cooper Ziecik and Jeff Song. In an exclusive interview on Wednesday, CNBC brought along Under Armour (NYSE: UA) CEO Kevin Plank and special guest Tom Brady for questions regarding Under Armour's current growth, Brady's influence on the...
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Under Armour's Ironclad Quarter Tops Wall Street Estimate
Tuesday, July 24, 2012 - 1:19pm | 339Read More...Under Armour (NYSE: UA) beat analyst's expectations for the second quarter. Results for the developer and distributor of apparel, footwear and accessories were impressive given the recent economic head winds. Net income rose $6.7 million vs. $6.2 million in the same quarter last year. The 6.8...
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Tuesday Market Movers
Tuesday, July 24, 2012 - 12:41pm | 354Read More...Cynosure (NASDAQ: CYNO): Cynosure, a medical appliance and equipment company, traded up on Tuesday after announcing second quarter earnings that beat analyst estimates. The company reported record revenues of $39.6 million, a 50 percent increase from the second quarter of 2011 that saw revenues of...
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Under Armour, Over Weight?
Thursday, June 9, 2011 - 11:38am | 449Read More...There are some interesting comments coming from Under Armour (NYSE: UA) CEO Kevin Plank regarding the company's potential. If you believe him, you may want to get long the stock. Tweets from Michele Steele, who is Bloomberg's sports business reporter, said that Plank wants to get the company to $...











