UAA News and Press, Under Armour Inc. Class A From 06/29/23

2023-06-29 16:32:57 ET Nike ( NYSE: NKE ) tracked slightly higher in postmarket trading after a mixed FQ4 earnings report was issued by the Oregon-based company. A slight margin beat and strong sales tally out of China helped offset a $0.02 miss on the EPS line. Revenue incr...

2023-06-28 09:37:52 ET Under Armour ( NYSE: UAA ) said on Wednesday that its chief operating officer Colin Browne plans to step down in autumn. The company has started it search for a chief supply officer, instead of a COO replacement. Chief product officer Lisa Colli...

2023-06-25 11:35:44 ET Some consumer sector stocks face potential headwinds in the back half of the year with the resumption of student loan repayments and a likely trend of food disinflation. The debt ceiling agreement struck in May ensures student loan payments will resume in Septembe...

2023-06-23 07:54:26 ET Wells Fargo downgraded Under Armour ( NYSE: UAA ) on Friday to an Equal Weight rating from Overweight on its view the stock is now a "Show Me" Story. Analyst Will Gartner said Under Armour ( UAA ) is likely to remain range bound for the next 6 months t...

2023-06-23 04:35:46 ET Summary Under Armour's growth trajectory and margins have disappointed in recent years, with the business in need of a turnaround. The athletics industry continues to remain attractive, with UAA's sales resilient against economic conditions. Compared to ...

2023-06-22 15:48:14 ET Summary Under Armour's Q4 results and 2024 outlook are disappointing, with flat to slightly increased revenue expected. The key issue for the company is brand perception, as it struggles to compete with rivals like Nike and Lululemon. Despite these chall...

2023-06-14 11:38:40 ET Nike ( NYSE: NKE ) was the biggest advancer of the Dow 30 stocks in late Wednesday morning with a 4.78% push higher. Within the athletic apparel sector, notable gains were also recorded for Allbirds ( BIRD ) +5.38% , Deckers Outdoor ( DECK ) ...

2023-06-10 18:55:00 ET The Citi quantitative team is still confident about its Oversold Strategy, despite a second stumble in returns this year. "Our systematic Oversold Strategy posted its second loss (-4%) this year in May, as the equity market is following more closely on the credit ...

2023-06-05 19:13:09 ET U.S. President Joe Biden on Saturday signed a bill to suspend the debt ceiling into 2025, averting the country's first ever default. One of the provisions of the legislation was the end of the suspension of federal student loan repayments. In light of this provisi...

BDT & MSD PARTNERS INVEST IN UNDER ARMOUR BDT & MSD PARTNERS INVEST IN UNDER ARMOUR PR Newswire BALTIMORE and CHICAGO , May 31, 2023 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that funds managed by BDT Capital Partners...