Welcome to our dedicated page for Under Armour news (Ticker: UA), a resource for investors and traders seeking the latest updates and insights on Under Armour stock.
Overview of Under Armour, Inc.
Under Armour, Inc. is a dynamic American company that specializes in the design, development, and distribution of performance athletic apparel, footwear, and accessories. As a prominent player in the sportswear industry, the company has positioned itself as a key innovator in performance technology and design. Employing a multi-channel approach, Under Armour distributes its products through wholesale channels as well as a robust direct-to-consumer model which includes e-commerce platforms and an extensive network of branded retail stores.
Core Business and Operations
At its core, Under Armour is dedicated to crafting high-performance products that meet the demands of athletes and active lifestyle consumers. The company’s operations encompass product research, development, and marketing, alongside strategic partnerships with athletes and sports teams. Its products are engineered to enhance athletic performance and support a range of sporting activities, from casual training sessions to competitive sports. This emphasis on innovative design and functionality underpins Under Armour’s reputation for quality and durability in the highly competitive sportswear market.
Market Position and Competitive Landscape
Under Armour has cemented its position within the industry by focusing on performance innovation and strategic brand partnerships. By continuously investing in superior product design and compelling storytelling, the company differentiates itself from competitors by highlighting its commitment to athlete excellence and performance improvement. Its blend of wholesale distribution and direct-to-consumer retail creates an adaptive sales model that effectively reaches diverse market segments, including professional athletes, college teams, and everyday consumers with active lifestyles.
Distribution Channels and Global Reach
The company’s distribution strategy is built upon both traditional wholesale models and a growing direct-to-consumer network. Under Armour’s products are available through national and regional sporting goods chains, specialty retailers, and dedicated brand stores. This versatile distribution framework ensures that its performance apparel and accessories are accessible across multiple regions, including North America, Europe, and Asia-Pacific, thereby reinforcing its global market presence.
Product Innovation and Brand Strategy
Innovation remains a cornerstone of Under Armour’s brand philosophy. By integrating cutting-edge technology in the manufacturing process and maintaining strong ties with elite athletes through sponsorships and partnerships, the company continuously refines its product offerings. Under Armour emphasizes not only the technological and functional aspects of its apparel and footwear, but also focuses on the narrative behind the brand, which is reflected in meticulous design details and comprehensive marketing campaigns. This dual focus on technology and storytelling has fostered a deep-rooted association with high performance and authenticity in the sportswear segment.
Commitment to Quality and Consumer Experience
Under Armour’s dedication to quality is evident in its rigorous testing and product refinement processes. The company aims to create products that are both durable and effective in enhancing athletic performance, ensuring that each innovation delivers practical benefits for its users. Through its expansive retail network and e-commerce operations, consumers are provided with a cohesive brand experience that emphasizes not just the products themselves but also the lifestyle and community that Under Armour supports.
Industry Keywords and Strategic Positioning
Key industry terms such as "athletic apparel", "sports footwear", and "performance gear" are integral to understanding Under Armour’s competitive positioning. The company’s focus on high-performance products, combined with a strategic distribution model and strong emphasis on brand narrative, underlines its commitment to excellence in every facet of its operations. This comprehensive approach has enabled Under Armour to remain a significant and trusted presence within the sportswear industry.
Conclusion
In summary, Under Armour, Inc. exemplifies a robust model of innovation, quality, and strategic marketing within the global sportswear arena. By balancing traditional wholesale practices with modern direct-to-consumer channels, the company continues to empower athletes and enthusiasts alike with products that encapsulate both technological prowess and authentic athletic expression. For investors and industry observers, Under Armour’s steadfast commitment to performance and its adaptive market strategy provide a rich context for understanding its operational dynamics and competitive approach.
Under Armour (NYSE: UA) has announced three new additions to its Board of Directors effective April 15, 2025: Dawn N. Fitzpatrick, Eugene D. Smith, and Robert J. Sweeney. Fitzpatrick brings extensive financial expertise as CEO and CIO of Soros Fund Management, with a 25-year background at UBS. Smith contributes significant sports management experience from his role as Senior Vice President and Athletic Director at Ohio State University (2005-2024). Sweeney adds retail and consumer sector expertise as President of Sycamore Partners and former Goldman Sachs partner.
The appointments expand Under Armour's board to twelve members, including existing directors like Mohamed A. El-Erian (Board Chair) and founder Kevin A. Plank. The new directors are expected to help navigate Under Armour's next chapter in creating value for athletes, customers, shareholders, and teammates.
Under Armour (NYSE: UAA, UA) reported Q3 FY2025 results with revenue down 6% to $1.4 billion. North America revenue decreased 8% to $844 million, while international revenue fell 1% to $558 million. The company's gross margin improved by 240 basis points to 47.5%, driven by reduced discounting and lower costs.
Key financial metrics include: wholesale revenue down 1% to $705 million, direct-to-consumer revenue down 9% to $673 million, and eCommerce revenue down 20%. The company reported net income of $1 million, with adjusted diluted EPS of $0.08. Under Armour repurchased $25 million of Class C stock in Q3.
The company raised its FY2025 outlook, now expecting revenue to decline approximately 10% versus previous expectations of a low double-digit decline. Adjusted operating income is projected at $185-195 million, up from previous guidance of $165-185 million.
Under Armour (NYSE: UA, UAA) has scheduled the release of its third-quarter fiscal 2025 financial results on February 6, 2025. The results will cover the period ended December 31, 2024. The company will issue a news release at approximately 6:55 a.m. ET, followed by a conference call with management at 8:30 a.m. ET to discuss the quarterly performance.
The conference call will be accessible via webcast and will be archived on the company's investor relations website. Under Armour, based in Baltimore, Maryland, continues its role as a leading provider of athletic performance apparel, footwear, and accessories.
Under Armour (NYSE: UAA, UA) hosted an investor meeting in New York City, outlining its strategic initiatives and reiterating its fiscal 2025 outlook. The company presented four key pillars of its strategy: Product, Story, Service, and Team. The product strategy focuses on streamlining creation and merchandising, while the story pillar emphasizes consumer-led operations and brand positioning. The service pillar details region-specific commercial strategies across Americas, EMEA, and Asia-Pacific markets.
CEO Kevin Plank highlighted plans for a strengthened product lineup in Fall 2025, emphasizing the company's underdog brand positioning and disciplined marketplace management. The company aims to improve its execution through experienced leadership and optimize capacity utilization to drive sustainable, profitable growth for shareholders.
Under Armour has announced an upcoming investor meeting scheduled for December 12, 2024, in New York City. The event will feature President & Chief Executive Officer Kevin Plank and other senior executives who will provide detailed updates on the company's product, brand, and commercial strategies. The presentation will focus on initiatives to strengthen Under Armour's premium positioning and improve long-term shareholder value.
The invitation-only event will be webcast live from 9:00 a.m. to 12:30 p.m. ET and will be archived on the company's investor relations website. Under Armour, based in Baltimore, Maryland, continues its role as a leading provider of athletic performance apparel, footwear, and accessories.
Under Armour reported Q2 fiscal 2025 results with revenue down 11% to $1.4 billion. Despite revenue decline, gross margin increased 200 basis points to 49.8%. North America revenue decreased 13% to $863 million, while international revenue fell 6% to $538 million. The company reported net income of $170 million and adjusted diluted EPS of $0.30.
The company raised its fiscal 2025 outlook, expecting improved gross margin of 125-150 basis points, and adjusted operating income of $165-185 million. The restructuring plan range was increased to $140-160 million, with anticipated completion during fiscal 2025 and 2026.
Under Armour, Inc. (NYSE: UA, UAA) has announced the date for its second quarter fiscal 2025 earnings conference call. The company plans to release its financial results for the quarter ended September 30, 2024, on November 7, 2024. The news release is scheduled for approximately 6:55 a.m. Eastern Time (ET), followed by a conference call at around 8:30 a.m. ET where Under Armour management will review the results.
The call will be webcast live and archived on the company's investor relations website. Under Armour, headquartered in Baltimore, Maryland, is a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories. The company's products are designed to empower human performance and are engineered to make athletes better.
Under Armour (NYSE: UAA, UA) has updated its Fiscal 2025 restructuring plan, expanding the expected pre-tax charges to $140-$160 million, up from the previous $70-$90 million. The increase is largely due to the decision to exit a primary distribution facility in Rialto, California by March 2026. The charges include up to $75 million in cash-related expenses and $85 million in non-cash charges. As a result, Under Armour has revised its Fiscal 2025 outlook, now expecting an operating loss of $220-$240 million, compared to the previous $194-$214 million. Adjusted operating income is projected at $140-$160 million, with adjusted diluted earnings per share expected to be $0.19-$0.22.
Under Armour (NYSE: UA, UAA) reported Q1 fiscal 2025 results, with revenue down 10% to $1.2 billion. The company saw declines across regions and categories, with North America revenue down 14% and international revenue down 2%. Gross margin improved by 110 basis points to 47.5%, driven by lower discounting and product costs. However, the company reported an operating loss of $300 million, largely due to a litigation reserve.
Under Armour updated its fiscal 2025 outlook, expecting revenue to decline at a low double-digit percentage rate. The company anticipates a gross margin improvement of 75 to 100 basis points and projects an adjusted operating income of $140 to $160 million. Under Armour also announced a $500 million stock repurchase plan, with $40 million already executed in Q1.
Under Armour (NYSE: UA, UAA) has announced the appointment of Eric Liedtke as Executive Vice President of Brand Strategy, following the acquisition of UNLESS COLLECTIVE, INC. Liedtke, a former adidas Group executive with a 26-year career, will join UA after the completion of the UNLESS acquisition later this week. He will be responsible for amplifying Under Armour's brand identity, strategic planning, and executing growth initiatives.
Liedtke's role will include overseeing UA's brand presence through various marketing functions and strategy. His experience in driving exceptional growth in the sports industry is expected to be a significant asset for Under Armour. The move aims to elevate the brand, enable deeper loyalty, and drive growth among new and existing consumers.