Under Armour Earnings: The Gift of Low Expectations [The Motley Fool]
Under Armour, Inc. Class C (UA)
Last under armour, inc. class c earnings: 2/11 06:55 am
Check Earnings Report
US:NYSE Investor Relations:
investor.underarmour.com/investors.cfm
Company Research
Source: The Motley Fool
Shares of the sportswear maker moved higher despite another round of weak results. However, the stock will need more than low expectations to keep rising. Under Armour ( NYSE:UA ) ( NYSE:UAA ) shares rocketed higher after the company's earnings report yesterday, as the company edged past revenue expectations and matched estimates on the bottom line. However, the 16% jump in Under Armour shares seemed to owe more to low expectations, rather than a strong performance by the sportswear company. In fact, Under Armour's quarter continued a pattern of slow revenue growth and weak, if any, profits, which has plagued the company in recent quarters. During a quarter when retail sales tend to spike, the results were especially disappointing. Here are some of the key numbers from the period: Revenue increased 5% to $1.37 billion as North American sales fell 4% and international revenue jumped 47%. Wholesale revenue was down 1%, while direct-to-consumer revenue increased
Show less
Read more
Impact Snapshot
Event Time:
UA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UA alerts
High impacting Under Armour, Inc. Class C news events
Weekly update
A roundup of the hottest topics
UA
News
- Under Armour Loses Another High-Ranking Female Exec, This Time in the HR Function [Yahoo! Finance]Yahoo! Finance
- Caitlin Clark's $76,500 starting salary shows how far the WNBA still has to go to translate record viewership to player earnings [Fortune]Fortune
- In case you missed it, check out these must-see Masters 2024 collections [USA TODAY]USA TODAY
- Nickmercs Takes Dead Aim At Flagsticks, Fairway Fashion And Wii Golf [Forbes]Forbes
- Our 10 favorite must-own Masters-themed apparel items [USA TODAY]USA TODAY