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Breaking Down The Footwear Sector: Adidas Pipeline Still Strong, Under Armour Under Pressure
Thursday, August 17, 2017 - 9:50am | 1354With major footwear brands' second-quarter earnings reports in the books, Benzinga caught up with NPD Group’s footwear analyst Matt Powell to gauge sentiment. The second-quarter sales trend in athletic footwear was better than the first quarter, primarily due to calendar shifts, not...
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Under Armour Guides Lower, Stock Hits 52-Week Low And Recovers
Tuesday, August 1, 2017 - 8:09am | 488Shares of Under Armour Inc (NYSE: UAA) fell more than 13 percent early Tuesday morning, despite a top and bottom-line beat in its second-quarter earnings report. The athletic apparel maker said it lost 3 cents per share in the second quarter on revenue of $1.09 billion. Wall Street analysts were...
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Kevin Plank Opens Up About Nike, Under Armour's Underdog Role
Tuesday, June 27, 2017 - 1:22pm | 575The "us vs. them mentality" is something everyone in athletics knows all about. Under Armour Inc (NYSE: UAA) CEO Kevin Plank is no different. Plank said Nike Inc (NYSE: NKE) does not fight fair, in a recent interview with NBC’s "Today Show." “Big companies do what...
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Cramer's Quick Thoughts On Under Armour, Procter & Gamble
Tuesday, June 13, 2017 - 2:20pm | 422CNBC's Jim Cramer is keeping a very close eye on Procter & Gamble Co (NYSE: PG) in anticipation of "fireworks" in the stock. Nelson Peltz's Trian Fund Management is likely "very happy" with the recent CEO changes at one of its core holdings, General Electric Company...
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Nike Vs. Under Amour: How Has This NBA Finals Trilogy Played Out For These Apparel Titans?
Monday, June 12, 2017 - 4:31pm | 899As the Cleveland Cavaliers face elimination in Game 5 of the NBA Finals, they find themselves at a very familiar 3–1 deficit. The NBA as a whole has found itself in a quite a familiar spot as well this June, a month in which the Warriors and the Cavaliers have faced each other three straight...
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The Latest In The Shoe Sector: German Brands Kick Off Industry Growth
Friday, May 5, 2017 - 9:25am | 916While Big Baller Brand has officially released what their first signature shoe will look like for Lonzo Ball, it likely won’t have much of an effect on how the shoe industry will operate moving forward. It did, however; create a massive buzz on social media. Footwear Sales Growth Origination...
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Why Under Armour Needs To Stop Trying To Compete With Nike
Thursday, April 27, 2017 - 1:05pm | 541Under Armour Inc (NYSE: UAA) delivered a surprise earnings beat Thursday, although Q1 marked the first quarterly loss in the company’s public history. On the company conference call, CEO Kevin Plank finally acknowledged that Steph Curry’s signature shoe sales were disappointing. "...
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Under Armour's Q1 Beat Sends Stock Sharply Higher
Thursday, April 27, 2017 - 7:57am | 427Shares of Under Armour Inc (NYSE: UAA) gained more than 10 percent early Thursday morning after the footwear, apparel and equipment maker reported a better than expected first quarter earnings report. Expectations heading into the report were high after two consecutive earnings report that...
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Analyst: Under Armour CEO's Praise For Trump Hurts The Brand
Wednesday, February 15, 2017 - 2:36pm | 429Under Armour Inc. (NYSE: UA) (NYSE: UAA) CEO Kevin Plank’s praise of President Donald Trump could be as damaging to the company as Trump modeling one of its form-fitting t-shirts. Susquehanna downgraded the apparel company from Neutral to Negative on Wednesday, with analyst Sam Poser citing...
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Politics And Business Don't Go Together, Just Ask One Of Under Armour's Most Notable Ambassadors
Thursday, February 9, 2017 - 4:06pm | 454NBA superstar Steph Curry and Under Armour Inc (NYSE: UA) (NYSE: UAA)'s CEO Kevin Plank might need a refresher in Business 101: Don't talk politics in the workplace. Plank: Trump Is An 'Asset' Plank said during an interview with CNBC that President Donald Trump is a "real asset" for American...
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Kevin Plank: It Was A Mistake To Bet Against Tom Brady And A Mistake To Bet Against Under Armour
Tuesday, February 7, 2017 - 2:34pm | 606Shares of Under Armour Inc (NYSE: UA) (NYSE: UAA) are off nearly 30 percent in 2017. The stock was hit after its fourth-quarter earnings report not only fell short of what investors had expected, but contained the surprise announcement chief financial officer Chip Molloy will be leaving the company...
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Under Armour Crashes 25% Following Q4 Report
Tuesday, January 31, 2017 - 9:10am | 404Shares of Under Armour Inc (NYSE: UAA) tanked more than 25 percent Tuesday morning after the company reported fourth quarter results. Under Armour earned $0.23 per share in the fourth quarter on revenue of $1.3 billion. Wall Street analysts were expecting the company to earn $0.25 per share on...
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A CEO Who's Who Of Trump's Manufacturing Council
Friday, January 27, 2017 - 5:36pm | 2282A group of more than two dozen CEOs have been tapped by President Donald Trump to create recommendations to grow the American manufacturing sector. The group convenes at a time when Trump is pledging to cut corporate taxes, slash regulations and also heavily tax companies that outsource...
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UCLA's Rise Is Coming At A Good Time For Under Armour
Wednesday, December 28, 2016 - 2:24pm | 618Steph Curry is not having his best season. One of the faces of the NBA, the superstar is averaging 20 percent fewer points per game than last season, and he is having the worst shooting season of his career. Curry has played 198 games the last two seasons, including the playoffs. The ongoing...
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What's Going On With Under Armour's Stock Today?
Wednesday, December 7, 2016 - 9:12am | 379Under Armour Inc (NYSE: UA) investors have had a rough year, especially as the company was consistently a favorite name among short sellers. However, investors can breath a sigh of relief as Under Armour's stock isn't trading lower by 16 percent this morning - as might seem to be the...