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Under Armour Announces CEO Transition: What Investors Should Know
Wednesday, May 18, 2022 - 5:09pm | 380Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down. What Happened: Under Armour announced Wednesday that CEO Patrik Frisk is stepping down from his role of CEO, president...
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Why Under Armour's Stock Is Trading Higher Today
Tuesday, August 3, 2021 - 9:37am | 188Under Armour Inc (NYSE: UAA) is trading higher Tuesday morning after the company announced better-than-expected second-quarter financial results and raised guidance. Under Armour reported quarterly earnings of 24 cents per share, which beat the estimate of 5 cents per share. The company...
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The Next Jordan Brand? Under Armour Doubles Down On Steph Curry
Tuesday, December 1, 2020 - 12:25pm | 607In 2013, Under Armour Inc (NYSE: UA)(NYSE: UAA) was able to lure NBA superstar Stephen Curry away from contract negotiations with Nike Inc (NYSE: NKE). Curry went on to become a three-time NBA champion and is one of the faces of the company. This week, Under Armour doubled down on...
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Under Armour Posts Q3 Beat, Sells MyFitnessPal: What Investors Need To Know
Friday, October 30, 2020 - 11:11am | 460Shares of Under Armour were making gains Friday after the apparel brand reported third-quarter sales and earnings beats, announced the sale of MyFitnessPal and provided better-than-expected guidance. Under Armour's Q3: Under Armour Inc (NYSE: UAA) reported revenue of $1.4 billion for the...
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'Not Satisfied': The Street's Reaction To Under Armour's Q4
Wednesday, February 12, 2020 - 3:37pm | 653Under Armour Inc (NYSE: UAA) reported fourth-quarter results that prompted a big sell-off in the stock. Multiple Street analysts have weighed in to debate if investors should buy the dip. CEO 'Not Satisfied' Under Armour CEO Patrik Frisk said during the company's conference call he is...
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Under Armour Founder Kevin Plank To Step Down As CEO
Tuesday, October 22, 2019 - 9:10am | 378Under Armour Inc (NYSE: UAA) said Tuesday in a press release its founder and CEO Kevin Plank will resign and be replaced with current COO and President Patrik Frisk. What Happened Plank served as CEO and Chairman since creating Under Armour in 1996 from his grandmother's basement and will step...
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Under Armour CEO Explains Why 2018 Will Be The Most Important Year For The Brand
Thursday, March 1, 2018 - 4:27pm | 442Under Armour Inc (NYSE: UAA)'s stock, down more than 20 percent year-over-year, has seen better days. But the past can remain in the past, and 2018 is set to be the most important "chapter" in the company's 22-year history, said its founding CEO Kevin Plank. What Happened...