Welcome to our dedicated page for Under Armour news (Ticker: UAA), a resource for investors and traders seeking the latest updates and insights on Under Armour stock.
Under Armour (UAA) delivers cutting-edge athletic apparel and footwear designed to empower athletes worldwide. This dedicated news hub provides investors and industry observers with essential updates on corporate developments, product innovations, and market strategies.
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Under Armour has scheduled its fourth quarter and full-year fiscal 2025 earnings release for May 13, 2025. The company will share results for the period ended March 31, 2025, with the news release expected at 7:00 a.m. Eastern Time.
A conference call led by Under Armour management will follow at 8:30 a.m. ET to discuss the financial results. Investors and interested parties can access the webcast live through the company's investor relations website, where it will also be archived for later viewing.
Under Armour, based in Baltimore, Maryland, continues its role as a leading creator and distributor of athletic performance apparel, footwear, and accessories. The company's mission focuses on empowering human performance through innovative products and experiences designed to enhance athletic capability.
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.