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Under Armour Inc - UA STOCK NEWS

Welcome to our dedicated news page for Under Armour (Ticker: UA), a resource for investors and traders seeking the latest updates and insights on Under Armour.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Under Armour's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Under Armour's position in the market.

News
MILAYSIA FULWILEY SIGNS WITH CURRY BRAND
Rhea-AI Summary
Under Armour's Curry Brand signs University of South Carolina guard, MiLaysia Fulwiley, as the first collegiate athlete in a multi-year NIL partnership. Fulwiley will wear Curry Brand footwear on the court and be a brand ambassador, expanding the brand's reach. Stephen Curry praises Fulwiley's unique style and game-changing abilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
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News
UNDER ARMOUR ANNOUNCES LEADERSHIP TRANSITION
Rhea-AI Summary
Under Armour, Inc. announces Kevin Plank as the new President & CEO, succeeding Stephanie Linnartz. Mohamed A. El-Erian named Chair of the Board. Plank to take over on April 1, 2024, with Linnartz stepping down. El-Erian to become non-executive Chair of the Board. Linnartz to advise until April 30, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.15%
Tags
management
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News
UNDER ARMOUR REPORTS THIRD QUARTER FISCAL 2024 RESULTS; TIGHTENS FISCAL 2024 OUTLOOK
Rhea-AI Summary
Under Armour, Inc. announced its unaudited financial results for the third quarter fiscal 2024, reporting a 6% decrease in revenue to $1.5 billion. Despite a mixed retail environment, the company delivered better than anticipated profitability and remains on track to achieve its full-year outlook. Wholesale revenue decreased 13%, while direct-to-consumer revenue increased 4%. North America revenue decreased 12%, and international revenue increased 7%. Apparel revenue decreased 6%, and footwear revenue was down 7%. Gross margin increased 100 basis points to 45.2%, and operating income was $70 million. The company also repurchased $25 million of its Class C common stock during the third quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
earnings
News
UNDER ARMOUR ANNOUNCES THIRD QUARTER FISCAL 2024 EARNINGS CONFERENCE CALL DATE
Rhea-AI Summary
Under Armour, Inc. (UA, UAA) is set to release its third quarter fiscal 2024 results on February 8, 2024. The news release will be followed by a conference call hosted by Under Armour management to review the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
earnings
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News
Celanese and Under Armour Develop Innovative New NEOLAST™ Fiber for Use in Performance Stretch Fabrics
Rhea-AI Summary
Celanese Corporation and Under Armour, Inc. have collaborated to develop NEOLAST™ Fiber, an alternative to elastane for performance stretch fabrics. The new fiber offers powerful stretch, durability, comfort, and improved wicking while addressing sustainability challenges associated with elastane, including recyclability. It is produced using a proprietary solvent-free process and recyclable elastoester polymers, potentially improving the compatibility of stretch fabrics with future recycling systems and infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
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none
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News
UNDER ARMOUR BOLSTERS LEADERSHIP TEAM WITH APPOINTMENT OF NEW CHIEF PRODUCT OFFICER AND NEW PRESIDENT OF AMERICAS
Rhea-AI Summary
Under Armour, Inc. (NYSE: UA, UAA) appoints Yassine Saidi as Chief Product Officer and Kara Trent as President of the Americas, aiming to strengthen brand innovation and growth strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.81%
Tags
management
News
UNDER ARMOUR REPORTS SECOND QUARTER FISCAL 2024 RESULTS; UPDATES FISCAL 2024 OUTLOOK
Rhea-AI Summary
Under Armour, Inc. (NYSE: UA, UAA) announced unaudited financial results for its second quarter fiscal 2024, reporting flat revenue of $1.6 billion, with a 3% increase in direct-to-consumer revenue and a 5% rise in international revenue. Gross margin increased to 48.0%, and net income was $110 million. The company maintained its fiscal 2024 operating income and EPS outlook despite lowering revenue expectations due to challenges in North America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
Tags
earnings
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News
DE'AARON FOX SIGNS WITH CURRY BRAND
Rhea-AI Summary
Under Armour announces the signing of De'Aaron Fox as the first signature athlete for Curry Brand, a multi-year partnership that aims to expand the brand's reach in basketball and beyond.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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News
UNDER ARMOUR ANNOUNCES SECOND QUARTER FISCAL 2024 EARNINGS CONFERENCE CALL DATE
Rhea-AI Summary
Under Armour to release Q2 fiscal 2024 results on November 8, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
Tags
earnings
News
Worldly Appoints Supply Chain and Risk Leaders Scott Stephenson and Colin Browne as New Board Members
Rhea-AI Summary
Verisk’s former CEO Stephenson and Under Armour’s former COO Browne join Worldly to support global growth and impact acceleration efforts
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.31%
Tags
management
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Under Armour Inc

NYSE:UA

UA Rankings

#1591 Ranked by Market Cap
#2384 Ranked by Stock Gains
N/A Ranked by Dividends

UA Stock Data

2.80B
335.49M
17.21%
75.84%
2.26%
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About UA

Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel. The company sells its products through wholesale channels, including national and regional sporting goods chains, independent and specialty retailers, department store chains, mono-branded Under Armour retail stores, institutional athletic departments, and leagues and teams, as well as independent distributors.