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Summary After announcing a CEO transition back in May, Under Armour has finally selected its new CEO. Stephanie Linnartz, current President of Marriott International, Inc., will become the next CEO of Under Armour. Founder and current Chair, Kevin Plank, will remain deeply involved ...
Stock futures were muted in early trading on Thursday, as traders digested a sharp rally from the previous session. Futures for the Dow Jones Industrials lost 58 points, or 0.2%, early Thursday to 33,511. Futures for the S&P 500 stepped back 9.75 points, or 0.3%, to 3,896. Futures...
Stifel’s shift to Buy on Under Armour ( NYSE: UAA ) sent shares soaring on Monday. Equity analyst Jim Duffy said that strong demand and resilient margins were the impetus for a move from Neutral to a Buy rating on the stock. He also raised his price target to $12 from a...
Under Armour ( NYSE: UAA ) stock gained in premarket trading as Stifel stepped from the sidelines on Monday. Equity analyst Jim Duffy hiked his rating to Buy from Hold based upon inventory management, demand dynamics in sports apparel, and attractive valuation. ...
Summary At 33x forward earnings prior to Q3 2022 earnings, shares of Lululemon Athletica Inc. were priced for perfection with no margin of error for any below-expectation numbers. Q3 was a great quarter for Lululemon, with materially better growth vs. peers, while China remained an attr...
MARYLAND GOVERNOR-ELECT WES MOORE STEPS DOWN FROM UNDER ARMOUR'S BOARD OF DIRECTORS PR Newswire BALTIMORE , Nov. 11, 2022 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that Wes Moore has stepped down from its Board of Directors ef...
Summary Under Armour recently reported Q2 earnings that beat low expectations. Revenue edged up 2%, while adjusted operating income hit $129MM, positively surprising investors. However, Under Armour announced that revenues will rise below its previously forecasted 5%-7% range,...
Summary adidas is down nearly 70% from all-time highs after facing softer demand and ending its partnership with celebrity Kanye West. While adidas doesn't disclose its Yeezy sales, some estimates say it could be as high as 9% of total sales. With notable other celebrities und...
Summary Most sportswear companies have significantly increased their inventory balance. Under Armour was able to keep inventory at the same level. The signing of Stephen Curry, one of the best basketball players in NBA history, can contribute to the growth of UA. The company t...
Under Armour 's (NYSE: UA) (NYSE: UAA) shares were up 11.7% as of 12:27 p.m. ET on Thursday after the apparel company reported earnings results for its fiscal second quarter before the trading session opened. For the period, which ended Sept. 30, it beat revenue and earnings est...
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2024-07-25 04:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
UNDER ARMOUR ANNOUNCES FIRST QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL DATE PR Newswire BALTIMORE , July 24, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) plans to release its first quarter fiscal 2025 (ended June 30 , 2024) results on ...
2024-06-15 06:32:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...