Compare UA With Other Stocks
| Under Armour Annual Revenue (Millions of US $) | |
|---|---|
| 2019 | $5,267 |
| 2018 | $5,193 |
| 2017 | $4,989 |
| 2016 | $4,833 |
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What is Under Armour’s revenue?
Under Armour is an American sporting goods manufacturer, based in Baltimore, Maryland. The company has experienced substantial growth over the past decade, with its global net revenues amounting to approximately 5.7 billion U.S. dollars in 2021.
What is Under Armour’s largest source of revenue?
In 2021, Under Armour had license revenues of 112.62 million U.S. dollars. Each year, the majority of the company’s revenues are generated through its sales from apparel, footwear, and accessory products.
What is Under Armour’s industry?
Under Armour, Inc. is engaged in developing, marketing and distributing branded performance apparel, footwear and accessories for men, women and youth.
Is Under Armour making money?
Under Armour reported a net loss for the quarter of $59.6 million, or 13 cents per share, compared with net income of $77.8 million, or 17 cents a share, a year earlier. Excluding one-time items, it lost a penny per share.
UA’s vs. Market share relative to its competitors, as of Q2 2022
| COMPANY NAME | TICKER | MARKET SHARE 12 Months Q2 2022 |
|---|---|---|
| Under Armour Inc. | UA | 3.96% |
| Ralph Lauren Corporation | RL | 4.34% |
| V. F. Corporation | VFC | 8.16% |
| Pvh Corp. | PVH | 6.30% |
Who is Under Armour’s competition?
Key Takeaways. 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.
What is the future of Under Armour?
The athletic apparel company is benefiting from the ongoing turnaround as seen from its record financials in 2021. Its full-year 2021 revenues grew 27% year-over-year (y-o-y) to $5.7 billion and adjusted earnings grew to 85 cents from a loss of 26 cents in 2020.
Is Under Armour losing money?
And the company posted a quarterly loss of $60 million, or 13 cents per share, compared with a profit of $77.8 million, or 17 cents per share in 2021′s first three months. On an adjusted basis, Under Armour lost $3 million, or a penny a share.
Why is Under Armour stock going down?
The company’s stock traded lower as the company’s growth slowed down due to supply chain challenges, rising costs, and Covid-19 disruptions in China. Under Armour was unable to obtain the inventory needed to satisfy consumer demand in the March-ending quarter, due to supply chain disruptions.
Is Under Armour doing well?
Under Armour sales soared 27% to $5.7 billion in 2021, with the company saying both consumer demand and brand strength were on an upswing despite disruptions from the pandemic. Sales and earnings for the crucial fourth quarter also beat Wall Street estimates.
How much do Under Armour athletes make?
Salary Details for an Athlete at Under Armour
The estimated base pay is $39,928 per year. The estimated additional pay is $15,263 per year. Additional pay could include cash bonus, commission, tips, and profit sharing.
Is Under Armour still popular?
2021 was a notable year for Under Armour. It was the year Lululemon’s revenue overtook Under Armour’s. The athleisure brand brought in $6.3 billion to Under Armour’s $5.7 billion, amounting to 42% growth, with plans to double that amount by 2026. Under Armour’s sales growth, by contrast, was in the mid-20% range.
How is Under Armour doing financially?
Under Armour reported net income of $109.7 million, or 23 cents a share, compared with $184.5 million, or 40 cents a share, a year earlier. Excluding one-time items, it earned 14 cents a share, beating analysts’ estimates for 7 cents. Revenue grew to $1.53 billion from $1.4 billion a year earlier.
Who owns Under Armour?
Kevin Audette Plank
Kevin Audette Plank (born August 13, 1972) is an American billionaire businessman and philanthropist. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. As of October 2021, his net worth was estimated at US$1.8 billion.
Will Under Armour bounce back?
Ultimately, Under Armour still has the potential to deliver outsize gains if the tide turns, and it has made meaningful strides in streamlining its products and balance sheet, but it looks like the stock will struggle to bounce back in the near term.
Which is better Under Armour or Nike?
If you are a casual customer who wants to learn more about their running habits, Under Armour may be the perfect choice for you. Check out their collection on UnderArmour.com. If you are looking for a classic and reliable choice, then Nike is surely a purchase that you are not likely to regret.
Who is bigger Under Armour or Adidas?
Under Armour has overtaken Adidas this year in combined apparel and footwear sales to become the second biggest sports brand in the United States.
Who makes more profit Nike or Adidas?
Nike has a higher net profit margin of 13%, while adidas only has 9.6%. adidas’ gross margin is higher, but this is due to a higher share of the apparel in their revenue.
What brand is better than under Armour?
Adidas is a well-known brand globally with offices in over 100 countries. The company generated revenues of $26.4 billion in 2019. Adidas also acquired another reputed brand Reebok in 2006, which further cemented its reign on the market. Overall, Adidas is one of Under Armour’s most prominent competitors.
How big of a company is under Armour?
Under Armour’s market capitalization was valued at over US$10.7 billion in November 2018.