Under Armour Inc
Latest Under Armour Inc News and Updates
Outlook for Under Armour (UAA) Stock Following Profitable Quarter
Analyzing the Prospects of Nike’s Geographic Segments
Most of Nike’s (NKE) incremental revenue was recorded in its North America market, Nike’s largest geographical segment.
Where NIKE And Under Armour Win In The Market Share Stakes
Under Armour’s share of the apparel market rose from 14% to 16%, year-over-year, in the first nine months of 2014.
Lululemon: The Outliers Affecting LULU’s Stock Price Movement
On June 11, Lululemon Athletica (LULU) filed a shelf prospectus with the US Securities and Exchange Commission (or SEC).
How Markets Are Pricing Under Armour Stock
Markets expect the strong growth trend to continue, and value Under Armour stock higher than the overall market and comparable firms.
John Christian Walbrecht Appointed as President of Columbia Brand
Columbia Sportswear (COLM) has a market cap of $4.1 billion. COLM fell by 0.31% to close at $58.34 per share as of February 22, 2016.
How Does Shake Shack Compare to Its Peers?
Shake Shack (SHAK) has an enterprise-value-to-revenue multiple of 13.9x, compared to the peer average of 3.5x.
Can Under Armour’s Growth Model Cope With These Threats?
Key threats to the company include higher labor costs and greater regulation. After the Bangladesh factory tragedy, stricter regulations can be expected.
Susquehanna Rated Nike as ‘Positive’
In fiscal 1Q17, Nike (NKE) repurchased 19 million shares for ~$1.1 billion.
Lululemon Shows Sports Apparel Is Outpacing Retail Sector Growth
Sports apparel as a category has been outpacing growth in 12 other retail segments for several months now. This should benefit sales for Lululemon (LULU).
Under Armour’s Upbeat Outlook and Stock Price Performance
Under Armour’s (UA) stock price hit several record highs this year. The stock has provided total returns of 54.9% over the past year.
Nike Market Share Gets the High Score in Activewear
UA’s market share came in at 6%, and ADDYY’s came in at 3%. Hanes (HBI) took 3% of the market in 1Q15 .Nike (NKE) was the market leader for activewear overall.
Why Nike Is Able To Sell More Products At Higher Prices
Revenue gains for Nike (NKE) in 1H15 were broad-based. Sales rose for almost all key product categories, with the notable exception of the golf category.
The 6 Positive Things about April’s Retail Sales Report
The advance retail sales report for April 2015 was on the whole, mixed. The mixed readings in the retail sales report brought about indifferent reactions from markets.
Under Armour’s Athletic Endorsements Paid Handsome Dividends
In terms of endorsements, the last weekend in January was eventful for Under Armour. Tom Brady won his fourth Super Bowl. He wore Under Armour cleats.
Who’s Taking a Bite Out of Nike’s Market Share?
Nike is the world’s largest athletic footwear and apparel company. It dominates the sportswear market in Europe, China, and North America.
Nike’s Profitability Improves But Still Trails the Competition
Despite Nike’s expanding margin and improved operating profitability, its margin and profitability still trail peers Under Armour and Lululemon Athletica.
Why Did Nike Rise on August 11?
Nike has a market cap of $96.5 billion. It rose by 0.62% and closed at $57.21 per share on August 18. Nike reported fiscal 4Q16 revenues of $8.2 billion.
Under Armour’s Fitness App Platform Is the World’s Largest
Late last year and in early 2015, Under Armour acquired Endomondo and MyFitnessPal. Its fitness app user platform became the largest in the world.
Why Nike Is Able to Turn a Profit in E-Commerce
The Nike+ Training Club clocked ~17 million downloads by 1Q15. The app is now available in 18 languages, creating the framework for a global community.
Nike Still Dominates Athletic Footwear in 1Q15
US dollar sales of athletic footwear rose 8% in the first quarter of 2015. Nike was the most dominant brand by far with a market share of 62%.
Nike’s Target Markets: Everything You Need to Know
Nike (NKE) faces some challenges in its target markets. In the US, economic growth rates have tapered down, and the trade war could affect its China market.
How Innovation Is Driving Sales at Nike
While Nike derives most of its revenues from footwear products, it also sparks innovation in apparel technologies, such as Aeroloft, Dri-FIT, and Nike Pro.
Wall Street Expects 16.5% Earnings Growth from UA in 4Q15
Under Armour (UA) has an enviable earnings record. It’s beaten the market consensus on quarterly earnings and sales for over five years in a row.
How Did Nike Perform in 1Q17?
Nike (NKE) has a market cap of $92.9 billion. It rose 1.7% to close at $55.34 per share on September 27, 2016.
Under Armour Expects Increased Revenue in 2015
Under Armour expects to earn revenue of ~$3.76 billion in 2015. This is an increase of 22% over 2014. Growth is expected in its North America and International segments.
Nike’s Outlook: Category Offense All the Way
Consensus Wall Street analyst estimates project Nike’s adjusted diluted EPS to be $3.58 in fiscal 2015, an increase of 19.7% over the previous year.
Nike Announces the Launch of New Products
Nike (NKE) fell 1.7% to close at $50.46 per share during the fifth week of November 2016.
Under Armour: The ARMOURY and Its Wholesale Strategic Importance
The ARMOURY stores will cater to the premium segment of the market. They’ll also feature UA product exclusives and occasional visits from star athletes.
The Growth Factors Spiking NIKE Revenues And Earnings
In this series, we’ll analyze the results of the past quarter and the reasons why NIKE continues to outperform.
Understanding Nike’s Performance in Fiscal 2Q17
Nike rose 1.9% to close at $51.79 per share on December 20, 2016. The stock’s weekly, monthly, and YTD price movements were -0.98%, 1.7%, and -16.2%.
The Buzz around Under Armour (UA) Stock
Under Armour has become the number two player in the US activewear market in 2014, overtaking Adidas. It also benefited from the announcement of its connected fitness purchases earlier this year.
Nike’s Performance Is Compelling, Beating Wall Street Estimates
Nike’s performance over the past few years has been compelling. The company has beaten consensus Wall Street revenue estimates and earnings estimates.
Under Armour’s Performance Relative to the Sportswear Industry
Under Armour (UA), which overtook Adidas (ADDYY) last year as the number two US sportswear company, cemented its position in 1Q15.
Under Armour’s Footwear Business versus Skechers and New Balance
Primarily an apparel player, Under Armour (UA) has stepped up its pace in entering new footwear categories.
Understanding NIKE’s Pricing Power And Premium Products Tilt
Innovation and strong consumer demand enable NIKE to add more premium products to its portfolio. But its price-hiking strategies may not work everywhere.
Market Share Gain Spurs NIKE’s North American Footwear Revenues
In the US, in 2014 year-to-date, NIKE, Converse, and the Jordan brands combined accounted for over 60% of market share in athletic footwear.
Key Drivers Impacting Under Armour’s Future Financial Performance
The impact of adverse forex movements on UA’s financial performance may be mitigated somewhat by the stronger retail environment in Europe.
Lone Pine Capital Sold Its Stake in The Gap
In February 2015, The Gap declared its 4Q14 results and reported net sales of $4.71 billion, compared with $4.58 billion for 4Q13, an increase of 3%.
North America: The Critical Market For Under Armour
In 2013, the company had 117 factory-house stores and 6 brand stores in North America. Store rollout is up and is expected to be stronger going forward.
Can Nike Regain Footing with Its Adaptive Lacing Footwear?
In early March, Nike showcased its new self-lacing footwear. Also known as “HyperAdapt 1.0,” the shoes tighten up when the foot is placed inside them.
Why Lululemon’s Profit Margins Are Trumping The Company’s Peers’
LULU’s gross profit margin slipped from 55.7% in fiscal 2013 to 52.8% in fiscal 2014. The company’s operating profit margin slipped from 27.5% to 24.6%.
Under Armour: The Nature Of Its Business, Product Portfolio
UA’s product, marketing, and sales teams each play an active role in the design process. This collaboration helps control brand and product consistency.
Under Armour Partners with IBM and SAP to Widen Connected Fitness Potential
Under Armour’s revenues from its Connected Fitness initiative came in at $53 million in 2015, which was up from $19 million in 2014.
Why Is Under Armour’s 4Q15 EPS Soaring over Low Profitability?
In 4Q15, Under Armour’s adjusted EPS came in at $0.48, beating the consensus Wall Street analyst estimate of $0.46 by 4.4%.
What are Nike’s Earnings Prospects in Fiscal 3Q16?
Nike’s EPS (earnings per share) have grown at a CAGR (compound annual growth rate) of 13.9% over the last five fiscal years.
How Do Nike’s North American Prospects Look in 3Q16?
North America is Nike’s (NKE) largest segment in terms of both revenue and operating profit.
Why Is Nike Focusing on the Direct-To-Consumer Channel?
Nike’s (NKE) DTC (direct-to-consumer) (XLY) (FXD) channel includes sales made online on Nike.com and through its own retail stores.
Nike’s E-Commerce Business Could See More Acceleration Ahead
Nike saw $1.2 billion in e-commerce sales in fiscal 2015. It grew its e-commerce sales by 56% in fiscal 3Q16, reporting higher traffic and conversion rates.
Why Lululemon Athletica Expects Stronger Sales in Fiscal 4Q16
Growth company Lululemon Athletica (LULU) has revised its fourth quarter (fiscal 4Q16) and full-year (fiscal 2016) revenue guidance upwards.
Five-Year Plan: Lululemon’s Long-Term Vision and Goals
Over the next five years, Lululemon Athletica (LULU) is aiming to double its revenue to $4 billion with an expected mid-single-digit growth rate in store comps.
What Drove Under Armour’s 30% Revenue Jump in 1Q16?
Under Armour (UA) grew revenue by 30% to $1.05 billion in 1Q16. This was the company’s 24th straight quarter of more than 20% growth in its top line.
What Led to Under Armour’s Massive International Growth in 1Q16?
Under Armour’s (UA) international sales grew 55.6% to almost $150 million in 1Q16. Sales growth in overseas markets came in at 64.6% in currency-neutral terms.
Under Armour Looks at Aggressive Growth outside North America
Under Armour has added 250 shop-in-shops in Europe with retail partners as well as points of distribution in north and south Africa, the Middle East, and Turkey.
How Much Has Under Armour Increased Revenue Guidance?
Under Armour raised the higher end of its 2016 operating income estimate to $503 million–$507 million, implying a growth rate of 23.1%–24.1% over 2015.
Athleisurewear Giants: Which Companies Dominate Activewear?
The athleisurewear category has had a boost from higher interest in physical well-being globally and by increased participation by women in sports and other fitness activities.
Marketing and Branding: How Skechers Sells Its Footwear Products
To maintain its market share and drive sales, Skechers spends considerable time and effort in marketing activities to promote its footwear globally.
How Skechers Strategizes Its Product Sell-Through
Athletic footwear brand Skechers operates around 525 company-owned retail stores around the world. Of these, around 395 are located in the United States.
Skechers Footwear: Design, Sourcing, and Manufacturing Overview
Skechers designs footwear with its own in-house design team. However, it doesn’t own or operate any factories in which to conduct its manufacturing.
Mapping Skechers’ Key Future Growth Drivers
Between the start of 2012 and the end of 1Q16, Skechers added 114 net new stores in the United States and 81 in international markets.
SIX:02: Why Foot Locker Is Bullish on Women’s Opportunity
Foot Locker has been steadily closing down or converting its existing Lady Foot Locker stores to the new SIX:02 concept. Currently, there are 30 SIX:02 stores in FL’s retail base.
Foot Locker’s Opportunities in Growing Apparel Business
Foot Locker’s (FL) emphasis on growing (IVW) its women’s business will likely be tied to the growth of its apparel products.
A Look at Foot Locker’s Key Strengths and Weaknesses
Foot Locker (FL) has several key strengths. It’s the largest specialty retailer (XRT) of sporting goods in terms of US store count.
The Catalysts Powering Nike’s Growth Performance in Fiscal 2016
Nike (NKE) is expected to post sales of $8.3 billion in fiscal 4Q16, an increase of 6.4% year-over-year, according to the Wall Street analysts’ consensus.
The Earnings Outlook for Nike in Fiscal 4Q16
After posting adjusted EPS growth rates exceeding 20% in the first three quarters of fiscal 2016, the earnings expectations for Nike (NKE) in the fourth quarter are modest.
VF Corporation Beats 2Q15 Estimates after Three Straight Misses
VF Corporation (VFC) released its 2Q15 earnings on July 24, coming in ahead of Wall Street estimates on both earnings and revenue after three quarters of misses.
18 Earnings Reports We’re Watching Closely Next Week
Last big week of earnings kicks off with not a lot to show for it in the market The week of April 30 is an exciting one in terms of earnings, and here are 18 companies we will be watching closely: Monday McDonald’s Corporation (NYSE: MCD) – before the market opens – great year last […]
Baron: Under Armour Is Cheap Compared to the Last Couple of Years
Under Armour is currently struggling to meet investors’ expectations, as it missed analysts’ estimates in 4Q16. It reported a 12% rise in revenue in the quarter, missing expectations.
Cowen Downgrades Nike to ‘Neutral’
Nike (NKE) reported fiscal 1Q17 revenues of $9.1 billion, a rise of 8.3% from $8.4 billion reported in fiscal 1Q16.
Under Armour Partners with Fanatics and MLB
Under Armour (UA) reported 3Q16 net revenues of $1.5 billion, a rise of 22.2% compared to $1.2 billion in 3Q15.
Under Armour Announces a Change in Its Ticker Symbols
Under Armour (UA) fell 1.9% to close at $30.03 per share during the fifth week of November 2016.
Snyder’s-Lance Plans to Sell Diamond of California
Snyder’s-Lance (LNCE) fell 4.4% to close at $36.22 per share during the fifth week of November 2016.
Nike Declares Dividend of $0.18 Per Share
Nike rose 1.8% to close at $51.59 per share on November 17. Its weekly, monthly, and YTD price movements were 2.4%, -0.41%, and -16.8%, respectively.
Wedbush Rated Columbia Sportswear as ‘Outperform’
Columbia Sportswear (COLM) has a market cap of $4.0 billion. It rose 1.7% to close at $56.93 per share on November 2, 2016.
Wedbush Rated Nike as ‘Neutral’
Nike (NKE) has a market cap of $81.3 billion. It rose 0.20% to close at $49.72 per share on November 2, 2016.
Bank of America Merrill Lynch Downgrades Nike to ‘Underperform’
Nike fell by 3.5% to close at $50.18 per share on October 31. Its weekly, monthly, and YTD price movements were -3.3%, -4.7%, and -19.1%, respectively.
Here’s Why Under Armour Stock Fell on October 25
Under Armour’s massive fall was a result of a warning that came from the company’s management regarding a slowdown in sales growth over the next two years.
Moody’s Rated Nike’s Unsecured Note as ‘A1’
Price movement Nike (NKE) has a market cap of $86.0 billion. It rose 0.37% to close at $51.22 per share on October 18, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -1.2%, -6.8%, and -17.4%, respectively, on the same day. NKE is trading 3.4% below its 20-day moving average, 7.6% below […]
Why Is Ford Motor Laying Off 14,000 Workers?
Price movement Ford Motor (F) has a market cap of $47.2 billion. It rose 0.08% to close at $11.89 per share on October 18, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -0.83%, -1.8%, and -10.8%, respectively, on the same day. F is trading 1.7% below its 20-day moving average, 3.1% […]
Are Analysts as Excited about Under Armour as Its Customers?
Under Armour (UA) has witnessed a rise in its debt over the last few years. The company was recently penalized for its rising debt levels and high valuations.
UA Investors Enjoy These Pros, Frown upon These Cons
Among Under Armour’s primary strengths is its strong business model, which shows substantial potential for further growth.
How International Sales Are Driving Under Armour’s Top Line
Under Armour’s products are sold in North America, Europe, the Middle East, Africa, the Asia-Pacific region, and Latin America. Its revenue came in at $1 billion in 2Q16.
Nike May Have Jordan, but Under Armour Boasts Phenom Curry
Although it’s a relatively new player in the sportswear industry, Under Armour has given tough competition to industry pioneers such as Nike (NKE) and Adidas (ADDYY).
Nike’s Earnings Report Shows Plenty Still Buying Its Goods
Nike (NKE) has a market cap of $87.7 billion. It fell 0.78% to close at $52.03 per share on October 13, 2016.
Why Star Power and Sponsorships Are Key for Nike
Endorsement deals and sponsorships have been key for Nike since the beginning.
Columbia Sportswear Appoints David Lawner as Interim SVP of Retail
Columbia Sportswear (COLM) reported 2Q16 net sales of $388.7 million, a rise of 2.2% compared to $380.2 million in 2Q15.
Guggenheim Has Given Michael Kors Holdings a ‘Neutral’ Rating
Michael Kors Holdings (KORS) has a market cap of $7.9 billion. It fell 0.17% to close at $46.79 per share on September 30, 2016.
Brean Capital Downgrades Nike to ‘Hold’
Nike fell 3.8% to close at $53.25 per share on September 28. The stock’s weekly, monthly, and YTD price movements were -3.8%, -8.9%, and -14.1%.
Nike Announces the Launch Date of Self-Lacing Shoes
Nike (NKE) fell 0.05% to close at $55.15 per share during the third week of September 2016.
KeyBanc Rated Columbia Sportswear Company as ‘Sector Weight’
Columbia Sportswear (COLM) reported 2Q16 net sales of $388.7 million, a rise of 2.2% compared to net sales of $380.2 million in 2Q15.
How Baird Views Nike ahead of Its Fiscal 1Q17 Results
Nike (NKE) reported fiscal 4Q16 revenues of $8.2 billion, a rise of 5.1% from the $7.8 billion reported in fiscal 4Q15.
Bank of America Merrill Lynch Rated GoPro a ‘Buy’
GoPro (GPRO) has a market cap of $2.0 billion. It rose 5.7% to close at $14.96 per share on September 16, 2016.
Clorox Has Declared a Dividend of $0.80 per Share
Clorox (CLX) has a market cap of $16.5 billion. It fell 0.77% to close at $123.09 per share on September 13, 2016.
Piper Jaffray Downgrades Nike to ‘Neutral’
Nike (NKE) has a market cap of $95.1 billion. It fell by 2.7% to close at $56.17 per share on September 8, 2016.
Goodyear Announces New Investment Plan to Meet Demand
Goodyear Tire & Rubber Company (GT) has a market cap of $7.7 billion. It rose by 0.45% to close at $29.06 per share on August 30, 2016.
B. Riley Downgrades Nike to ‘Neutral’
Nike fell by 0.41% to close at $59.0 per share on August 26, 2016. Its weekly, monthly, and YTD price movements were 0.17%, 6.4%, and -5.1%, respectively.
Why Did Nike Update Its Nike+ Run Club App?
In fiscal 2016, Nike reported revenue of $32.4 billion—a rise of 5.9% year-over-year. The company’s gross profit margin rose by 0.43% in fiscal 2016.
Columbia Sportswear: 2Q16 Results and Quarterly Dividend
Columbia Sportswear (COLM) fell by 5.3% to close at $57.25 per share during the fourth week of July 2016.
Lee and Wrangler Continued to Boost VF’s Jeanswear Sales in 2Q16
VF Corporation’s jeanswear segment includes the famous Lee and Wrangler brands. The company is second in terms of the worldwide market share for jeanswear.
Nike Appoints Steve Lesnard as Vice President of Global Running
Nike (NKE) has a market cap of $98.3 billion. It fell by 0.22% to close at $57.74 per share on July 18, 2016.