Under Armour Reports Second Quarter Results
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Under Armour (UA) Guidance Cut Likely Not Enough - FBR
August 1, 2017 1:37 PM EDTFBR Capital analyst Susan Anderson reiterated an Underperform rating and $14 price target on Under Armour, Inc. (NYSE: UAA) following results and guidance cut, which the firm said is likely not enough as a huge Q4 top-ine inflection would be needed.
"We believe a continued... More
Under Armour (UA) Tops Q2 EPS by 4c, Approves Restructuring Plan
August 1, 2017 6:57 AM EDTUnder Armour (NYSE: UA) reported Q2 EPS of ($0.03), $0.04 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.08 billion.
"Our second quarter performance validates the strength of our multiple growth levers to deliver solid results in today's dynamic global environment," said Under Armour Chairman and CEO Kevin Plank. "More than doubling our business over the last three years has required significant investments and resources to build our brand. We are utilizing 2017 to... More
