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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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Masters Champ Jordan Spieth Boosts Under Armour
Monday, April 13, 2015 - 9:04am | 654Read More...Jordan Spieth become the second-youngest player to ever win the Masters Tournament. In doing so, he tied the 72-hole course record set by the youngest-ever Masters champion, Tiger Woods in 1997. It was Spieth's first major win. Speith's historic weekend also brought major coverage to...
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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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Notre Dame Joins Under Armour Team, Stock Options Included
Tuesday, January 21, 2014 - 4:59pm | 614Read More...One of the nation's most revered, and reviled, sports programs has a new partner. During a press conference early Tuesday, Notre Dame Athletic Director Jack Swarbrick and Under Armour (NYSE: UA) CEO Kevin Plank announced a new 10-year partnership, which is set to take effect in early July. "...
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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...
