Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don’t have many shares in Under Armour. From our data, we infer that the largest shareholder is Kevin Plank (who also holds the title of Top Key Executive) with 14% of shares outstanding.
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What type of business is Under Armour?
sports equipment company
Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel.
Is Under Armour a public company?
Stock Information
Under Armour has two classes of publicly traded common stock listed on the New York Stock Exchange: UAA (Class A) and UA (Class C).
Who are the stakeholders of Under Armour?
We strive to listen to, and work with, all our key stakeholders: customers, employees, investors, policymakers, civil society organizations, business partners, and supply chain workers.
How many stockholders does Under Armour have?
Under Armour Inc (US:UAA) has 882 institutional owners and shareholders that have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC). These institutions hold a total of 185,520,356 shares.
Is Under Armour a franchise?
Franchisees currently operate 20 Under Armour outlets around the country.
Who is Under Armour’s target market?
Under Armour targets men, women, and children from middle class and upper class backgrounds. A typical Under Armour customer is athletic and health conscious. The company’s high quality lines of performance apparel, athletic footwear, and sporting accessories appeal to a wide range of demographics.
Who is Under Armour biggest competitors?
Nike
Under Armour’s main competitors are Nike and Adidas, both of which have historically earned much higher revenue than UA. Although the barriers to entry in the sports apparel industry are very high, UA successfully found its place in the market by marketing primarily to American football.
When did Under Armor go public?
November 17, 2005
Going Public
Under Armour went public on November 17, 2005, trading at NASDAQ under “UARM” and becoming the first U.S.-based initial public offering in five years to double on its first day of trading.
Is Under Armour in financial trouble?
Under Armour reported an unexpected loss and sales below estimates as the company grappled with global supply chain challenges and Covid lockdowns in China. The athletic apparel retailer’s stock fell as it also issued profit guidance that came in below Wall Street estimates.
Is Under Armour owned by Dwayne Johnson?
Under Armour Inc.’s Project Rock brand featuring former pro wrestler and movie star Dwayne “The Rock” Johnson has inked a deal to become the official footwear partner of the Ultimate Fighting Championship mixed martial arts promotion. Project Rock replaces Reebok as the UFC’s footwear sponsor.
Under Armour’s corporate social responsibility plan largely aims at sustainability. Their mission is to make a dollar go as far as possible by being more efficient with resources with a goal to reduce waste and lower their carbon footprint.
What are Under Armour’s values?
Under Armour core values comprise “love athletes, stand for equality, fight on together, create fearlessly, always connect, stay true, think beyond, and celebrate the wins. “ All these are critical aspects that have kept the company together and performing at its level best.
Kevin Plank
Kevin Plank, Founder, and CEO
His academic qualifications include a Master of Business Administration from the University of Maryland. Plank is the largest Under Armour shareholder, with 33.8 million Class C shares owned indirectly through a series of trusts.
What is the difference between UA and UAA?
UAA Stock Differences. The most striking difference between UA stock and UAA stock is that the former has no voting rights, while the latter has one vote per share. The ticker “UA” represents Class C shares, while “UAA” represents Class A voting shares.
Who is in the vanguard group?
Along with BlackRock and State Street, Vanguard is considered one of the Big Three index fund managers that dominate corporate America. The Vanguard Group, Inc.
The Vanguard Group.
| Type | Private |
|---|---|
| Key people | Mortimer J. Buckley (Chairman & CEO) |
| Products | Mutual funds Exchange-traded funds Broker Asset management Sub-advisory services |
How much does it cost to open a Under Armour franchise?
₹2-3 crore
All of our stores are franchise-owned and operated and each store is set up at an investment of ₹2-3 crore, depending on the size of the store,” Tushar Goculdas, Managing Director, Under Armour India, told BusinessLine .
Is Under Armour cheaper than Nike?
Despite its superior stock performance, Under Armour currently has the lowest price-to-earnings (P/E) ratio, indicating it is still relatively undervalued compared to the other two sportswear companies. Its earnings performance has also been stronger than that of Nike or Adidas.
Does Under Armour use wholesalers?
Under Armour plans to overhaul its wholesale partnerships, exiting between 2,000 and 3,000 stores in North America, according to company executives on a recent earnings call. The brand expects to be in approximately 10,000 stores by the end of 2022 as it shifts its toward direct-to-consumer (DTC) channels.
What type of strategy does Under Armour use?
Under Armour uses value-based pricing strategy for its products as they are known for their advanced quality. Although the company has a lot of well established brands as competitors but still it is able to charge a little extra than them for its products on the basis of superior innovative materials and fabrics.
What is Under Armour’s competitive strategy?
Under Armour’s main distinct competitive advantage is its ability to innovate products that disrupt and change the sports apparel industry. UA is focused beyond developing better versions of current sports apparel, they are creating completely new products that outperform existing technologies.