Under Armour’s Business Model In 2021, Under Armour generated a revenue of $5,683.5 million. The company’s main product category is Apparel (68% of its revenue), followed by Footwear (22%), Accessories (8%) and Licensing (2%). North America is Under Armour’s largest market, with 67% of revenue generated in the region.
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What is Under Armour’s main product?
Under Armour, Inc. is an American sports equipment company that manufactures footwear, sports and casual apparel.
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.
How much cash does Under Armour have?
Compare UAA With Other Stocks
| Under Armour Annual Cash on Hand (Millions of US $) | |
|---|---|
| 2020 | $1,517 |
| 2019 | $788 |
| 2018 | $557 |
| 2017 | $312 |
Does Under Armour make money?
Under Armour projected an adjusted per-share profit between 63 cents and 68 cents for fiscal year 2023, below Refinitiv estimates of 83 cents. It sees 5% to 7% growth in sales, while analysts expect a 5.4% increase.
What is Under Armour’s most popular product?
Curry (Two) for the win
Arguably even more exciting to investors are the implications of Under Armour’s No. 1 best-selling online item: The Curry Two basketball shoe.
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 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.
Where does Under Armour make their products?
Substantially all of our products are manufactured by unaffiliated manufacturers. In 2016, our apparel and accessories products were manufactured by primary contract manufacturers, operating in 18 countries, with a majority of our apparel and accessories products manufactured in Jordan, Vietnam, China and Malaysia.
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 under Armour’s debt to equity ratio?
Under Armour Debt to Equity Ratio: 0.3888 for March 31, 2022.
What is under Armour’s asset turnover ratio?
Under Armour’s latest twelve months fixed asset turnover is 5.0x. Under Armour’s fixed asset turnover for fiscal years ending December 2017 to 2021 averaged 5.1x. Under Armour’s operated at median fixed asset turnover of 5.0x from fiscal years ending December 2017 to 2021.
What is under Armour’s current ratio?
Under Armour has a current ratio of 2.06.
Why is Under Armour failing?
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.
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.
Why is Under Armour dropping?
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.
What is Under Armour best known for?
Founded in 1996 by former University of Maryland football player Kevin Plank, Under Armour is the originator of performance apparel – gear engineered to keep athletes cool, dry and light throughout the course of a game, practice or workout.
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.
How is Under Armour unique?
Their innovations work to fulfill the company’s mission of making athletes better, keeping them comfortable so they can focus on what they do best… winning. UA’s”Performance DNA” is sewn into every stitch of Under Armour apparel, and is designed to conquer any condition, any game, and anybody out there.
Is Under Armour in financial trouble?
Under Armour’s stock plunges as it posts quarterly loss and misses revenue projections amid ongoing supply chain, COVID challenges. Under Armour’s stock plunged on Friday’s news that the company posted a quarterly loss and missed revenue projections amid continuing supply chain and pandemic-related challenges.
What products and services does Under Armour provide?
Under Armour, Inc.’s (UA) primary business consists of the development, marketing, and distribution of branded performance apparel, footwear, and accessories for all age groups, and for men, women, and children. The firm’s moisture-wicking technology provides a performance alternative to traditional products.