BALTIMORE , Oct. 21, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) plans to release its second quarter fiscal 2025 (ended September 30, 2024) results on November 7, 2024. Following the news release at approximately 6:55 a.m.
Under Armour's stock initially rose with founder Kevin Plank's return and FQ1 results but fell due to higher FY25 restructuring charges misunderstood by the market. The restructuring charges increased to $140-$160 million, causing a slight rise in operating loss, yet adjusted EPS remains on target. The stock's valuation at only 0.6x EV/S targets suggests substantial upside compared to peers lik...
When Kevin Plank took back the CEO job this year at Under Armour UAA -8.71%decrease; red down pointing triangle, he said the sportswear brand he founded had suffered from executive turnover and strategy shifts.
Under Armour (UAA) shares sank in intraday trading Tuesday, a day after the athletic apparel maker warned that the costs of its fiscal 2025 restructuring plan would be much more than initially thought.
Under Armour (UAA) shares sank in intraday trading Tuesday, a day after the athletic apparel maker warned that the costs of its fiscal 2025 restructuring plan would be much more than initially thought.
Under Armour Inc.'s stock tumbled 8% Tuesday, after the sporting goods and apparel maker warned its fiscal 2025 losses would be bigger than expected, prompting analysts to take a more cautious tone on the business.
Global athletic apparel and footwear brand Under Armour Inc. NYSE: UAA is steadily gaining ground on its turnaround plan. The company had a setback when former CEO Stephanie Linnartz abruptly resigned on April 1, 2024, after serving just a year as the CEO.
Shares of Under Armour Inc. dropped in the extended session Monday after the retailer said it expects a bigger operating loss in fiscal 2025 thanks to increased restructuring costs.
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