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under armour revenue growth

This segment has added more than $75 million to total revenue since 2015 at an average annual rate of 6.8% driven by unit sales growth in multiple categories led by men’s training. Revenue has grown steadily by 30% from 2010 to 2014. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. Revenue (Quarterly) Yoy Growth is a widely used stock evaluation measure. Under Armour continues to fall short, however, in attracting consumers to its shoes and apparel. Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "For the past 24 consecutive quarters or six years, we have driven net revenue growth above 20% and we are incredibly proud of our start to 2016 with first quarter net revenue growth of 30%. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Under Armour's revenues are gauged from an analysis of company filings. Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the third quarter ended September 30, 2020. © 2020 CNBC LLC. Find the latest Revenue (Quarterly) Yoy Growth for Under Armour Inc (UAA) A Detailed Look At Under Armour’s segment performance and revenue change over the years: Apparel Segment Is Under Armour’s Largest Operating Segment, Footwear Segment’s Growth Has Normalized Since 2016, Accessories Segment Growth Likely To Rebound After A Difficult 2018, Licensing and Connected Fitness Is Under Armour’s Fastest Growing Segment, Based on our forecasts, Under Armour’s revenue per share for full-year 2019 is likely to be around $23.8. Under Armour revenue for the twelve months ending September 30, 2020 was $4.512B, a 13.49% decline year-over-year. Don’t believe me? Last year, the app was reported to be worth US$136 million in revenue which merely amounted to 3 percent of Under Armours’ overall worth. Under Armour Reports Second Quarter Net Revenues Growth Of 34%; Raises Full Year 2014 Net Revenues and Operating Income Outlook ... Baltimore, MD (July 24, 2014) - Under Armour, Inc. (NYSE: UA) today announced financial results for the second quarter ended June 30, 2014. Going forward, we expect Under Armour’s revenues to increase by 3% and cross $5.3 billion in FY 2019. We expect this trend to continue over subsequent quarters thanks to increase in new subscription revenue partially offset by lower revenue from licensing partners in North America due to softer demand. Under Armour Inc reported Revenue growth of 0.25% year on year in the third quarter, to $ 1,433.02 millions, this is lower than Under Armour Inc 's recent average Revenue increase of 11.57%. Under Armour annual/quarterly net income history and growth rate from 2006 to 2020. UA reported $5.19 billion in total revenues in FY 2018. You can read more about Revenue here and compound annual growth rate on Wikipedia. It has been heavily reliant in the past on department stores and discount chains to sell its gear, a strategy that has hurt profitability and diluted the brand's image compared with competitors including Nike, Adidas and Lululemon. Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "For the past 24 consecutive quarters or six years, we have driven net revenue growth above 20% and we are incredibly proud of our start to 2016 with first quarter net revenue growth of 30%. Under Armour cut its fiscal sales growth guidance during the last quarter. You can play with assumptions, or try scenarios, as-well-as ask questions to other users and experts. The platform uses extensive data to show in a single snapshot what drives the value of a company's business. "And I think that is critical.". Under Armour's share price as of Thursday's market close was down about 36% this year, giving the company a market cap of $6.3 billion. Growth has been sedated — Under Armour’s $5.3 billion in 2019 revenue represents a less than stellar 3% annual growth rate since 2016 . Increasingly, Under Armour's strategy has been to sell more directly to customers versus through wholesale partners like department stores. This segment has continued to struggle in the first half of 2019 with revenue declining by 5% primarily driven by planned lower sales of backpacks and bags related to a strategic relaunch of key product. 65% of its revenue was accumulated through wholesale distribution, whereas 31% was gathered through direct consumer sales. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. Surprisingly, the founders of Trefis discovered that along with most other people they just did not understand even the seemingly familiar companies around them: Apple, Google, Coca Cola, Walmart, GE, Ford, Gap, and others. Revenue was about flat from a year earlier, at $1.43 billion, outpacing estimates for $1.16 billion. Under Armour offered Wall Street a more upbeat outlook for 2020: It now expects full-year revenue to be down by a high-teen percentage rate. You may opt-out by. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Notably, a majority of this growth came in 2016 when the footwear segment grew by almost 50%. You can read more about Revenue here and compound annual growth rate on Wikipedia. Under Armour net income for the twelve months ending September … Under Armour Presents 2023 Strategic Growth Plan; Updates 2018 And Provides Initial Full Year 2019 Outlook. Under Armour has achieved steady revenue growth in the last couple of years, with its revenues of $5.2 billion in 2018 marking a y-o-y growth of 4.1% driven by … Net revenues increased 34% in the second quarter of 2014 to $610 million compared with net revenues of $455 … The company added +78.53% of value to its shares in past 6 months, showing an annual growth rate of -235.29% while that of industry is -21.3. “These suspect sales practices enabled the company to increase quarterly revenue, mask slowing demand for Under Armour products, and extend the 26-quarter streak of 20% sales growth… Excluding one-time charges, it earned 26 cents per share, topping expectations for 3 cents, according to Refinitiv estimates. Under Armour reported sales and earnings that topped expectations, thanks to strong demand for its workout gear in North America during the coronavirus pandemic. Under Armour received its first big break in 1999 when Warner Brothers contacted Under Armour to outfit two of its feature films, ... sales of apparel, footwear and accessories represented 74.3%, 14% and 9.9% of net revenues, respectively. Under Armour has been having challenges with growing sales for the past couple of years. Under Armour's footwear revenue growth bested Nike Inc NKE 2.21%, which saw a … Furthermore, here’s how Under Armour has performed against the S&P 500 since late 2015. Find the full earnings press release here. Sign up for free newsletters and get more CNBC delivered to your inbox. This revenue growth was propelled by footwear products, which grew 40.2% year-over-year to … Under Armour’s reports in the USD currency. Under Armour, Inc. For the Three and Six Months Ended June 30, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated in … Previously, … In addition, here is more Trefis Textiles, Apparel and Luxury Good Industry Data. Under Armour’s revenue growth in 2Q15 accelerated to 28.5% year-over-year or $784 million. Meanwhile, Under Armour’s revenue increased 7% to $1.1 billion during the same time frame. Under Armour annual revenue for 2019 was $5.267B, a 1.42% increase from 2018. Year-over-year growth is forecast to reach -18.1% down from the last financial year. Under Armour on Friday reported earnings and sales that topped estimates, with consumers stocking up on the brand's sneakers and workout gear during the coronavirus pandemic. All Rights Reserved, This is a BETA experience. Under Armour shareholders allege in a lawsuit that executives of the sports apparel brand misled investors by inflating revenue growth Tapestry CEO on earnings, e-commerce and demand from China, Find the full earnings press release here. Under Armour Annual Revenue and Growth Rate. Under Armour Reports Second Quarter Net Revenues Growth Of 34%; Raises Full Year 2014 Net Revenues and Operating Income Outlook ... Baltimore, MD (July 24, 2014) - Under Armour, Inc. (NYSE: UA) today announced financial results for the second quarter ended June 30, 2014. Its new outlook, though still a decline, is better than the 25.7% drop that analysts had predicted. Under Armour Inc 's 2019 Annual Revenue performance marks a slow down, from 4.35 % … Under Armour, Inc. For the Three Months Ended September 30, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated according to GAAP to currency-neutral net revenue, a non-GAAP measure. However, going forward, we expect the segment to grow in low single-digits, mainly due to growth in most of the categories – led by men’s training. As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. Frisk said some of these are "larger customers," while he did not give specific retailers' names. Under Armour's market capitalization was valued at over US$10.7 billion in November 2018. The segment’s share to total revenues has increased from around 3.5% in 2015 to nearly 4.7% in 2018 and we expect this figure to increase further to 5% in 2019. Its wholesale revenue decreased 7% to $830 million during the third quarter. Here's how the company did during its fiscal third quarter, compared with what analysts were expecting, based on Refinitiv data: For the quarter ended Sept. 30, net income shrank to $38.9 million, or 9 cents per share, from $102.3 million, or 23 cents a share, a year earlier. Net revenues increased 34% in the second quarter of 2014 to $610 million compared with net revenues of $455 … Under Armour's Dividend Payout Ratio for the three months ended in Sep. 2020 was 0.00. It acquired the business for $475 million in 2015. Under Armour was once a Wall Street darling, reporting strong revenue growth for several years. Under Armour's Dividends per Share for the three months ended in Sep. 2020 was $0.00.. Chief Financial Officer David Bergman added the company expects to report "slightly positive" earnings-per-share growth in 2021. Under Armour's direct-to-consumer business, which includes sales from its website and stores, grew 17% year over year. Since 2016 the growth has normalized and the segment has grown in the low-single digits, This growth has been supported by continued global trends such as increasing penetration of sportswear, rising sports participation rate, and increasing health awareness. You can view the Trefis interactive dashboard to better understand the revenue trends and division-wise revenue performance, and alter the assumptions to arrive at your own estimate for the company’s revenues. Footwear accounts for less than a quarter of Under Armour’s sales, but it’s proving to be the brand’s fastest-growing category in 2019. 65% of its revenue was accumulated through wholesale distribution, whereas 31% was gathered through direct consumer sales. Under Armour annual revenue for 2018 was $5. Product growth engines stalling. Apparel, led by its athleisure collection, has been the largest growth driver. View and export this data going back to 2006. Under Armour (NYSE: UA) is one of the fastest-growing companies in the apparel industry. Under Armour, Inc. announced financial results for the third quarter ended 30th September, 2020. It was made possible due to its creative strategy of operating through multiple distribution networks. Despite Wednesday's fall, Under Armour's Class A shares are still up 37.3 percent for the year. Under Armour’s reports in the USD currency. Under Armour Reports Flat Revenue Compared to Last Year in Q3: The $1.4 billion USD figure was achieved through considerable improvements in North America. This segment has been Under Armour’s fastest growing segment – adding more than $105 million to total revenues since 2015 at an average annual rate of 21%. As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. Under Armour's revenue growth for fiscal years ending December 2015 to 2019 averaged 11.8%. Under Armour has amazed investors with its accelerated growth in the market. We expect the company to achieve steady revenue growth and add more than $160 million to its top line in FY’19 primarily due to growth in wholesale as well as direct-to-consumer business coupled with growth in its international business (particularly in Asia) – mitigating the impact of soft demand in North America on its top line. Asia will continue to drive the segment’s growth for the foreseeable future thanks to continued expansion with key partners and higher sales to the off-price channel coupled with sustained momentum in direct-to-consumer, Footwear Segment has achieved robust growth in the last few years, with revenues increasing from $677 million in 2015 to more than $1 billion in FY 2018 driven by continuous growth across all major products categories. Under Armour is calling for sales to be down in the high-teens in 2020, better than what analysts had been expecting. Apparel segment consistently contributes a majority of its revenues, with an average revenue share of more than 67% in the last four years. Trefis is currently used by hundreds of thousands of investors, company employees, and business professionals. UA has added more than $1.2 billion to total revenue since 2015 at an average annual rate of 9.4% led by steady growth across all operating segments. The segment grew by 5% year-over-year in fiscal 2018 – contributing more than $175 million to total incremental revenues. The company has experienced substantial growth over the past decade, with their global net revenues amounting to approximately 5.27 billion U.S. dollars in 2019. Under Armour has achieved steady revenue growth in the last couple of years, with its revenues of $5.2 billion in 2018 marking a y-o-y growth of 4.1% driven by an increase in wholesale revenue, strong performance in apparel and footwear segments, partially offset by lower sales of accessories. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. However, the segment’s share has declined from 71% in 2015 to nearly 67% in 2018 due to faster growth in the Footwear segment. The segment’s contribution to total revenues has gradually increased over the years, which is expected to continue for the foreseeable future. Footwear accounts for less than a quarter of Under Armour’s sales, but it’s proving to be the brand’s fastest-growing category in 2019. MapMyFitness app, another application owned by Under Armour, will continue to be in their portfolio as they believe the data analysed suits their goal of being ‘a performance brand”. PDF Version. However, the Accessories segment had a difficult 2018 with revenue declining more than 5% mainly due to unit sales decline in outdoor and training categories. In North America, revenue fell 5% to $963 million, while international sales increased 18% to $433 million. Under Armour Revenue Est. Under Armour's latest twelve months revenue growth is -4.2%. Just check out their historical stock price: January 2010 to December 2015: +1,082%. Under Armour revenue for the quarter ending September 30, 2020 was $1.433B, a 0.25% increase year-over-year. Get this delivered to your inbox, and more info about our products and services. Growth. Apparel sales dropped 6% to $927 million, while footwear revenue surged 19% to $299 million, and accessories revenue jumped 23% to $145 million. Start your Free Trial. A Division of NBCUniversal. Under Armour’s revenue growth in 2Q15 accelerated to 28.5% year-over-year or $784 million. BALTIMORE, Oct. 25, 2016 /PRNewswire/ -- Under Armour, Inc. today announced financial results for the third quarter ended September 30, 2016. We expect this segment to continue its steady growth, with revenues increasing at a rate of 3.8% to $1.1 billion in FY 2019. Under Armour's annual sales growth has slowed in the past few years and full-year profit has fallen below estimates in two out of the past five quarters. North America revenue decreased 5 percent to $963 million and international revenue increased 18 percent to $433 million (up 17 percent currency neutral). EY & Citi On The Importance Of Resilience And Innovation, How Digital Workflows Helped Save Basketball During The Pandemic, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, Kazakhstan: The Biggest Surprise In 2020 Frontier Financial Markets. Will Investors Be Satisfied With 10% In 2021? Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Data is a real-time snapshot *Data is delayed at least 15 minutes. Under Armour net income for the quarter ending September 30, 2020 was $0.039B , a 61.94% decline year-over-year. Annual Revenue Growth Comment: Under Armour Inc 's Annual Revenue for the fiscal year ended 2019, increased by 1.42% to $5,267.13 millions, from $5,193.19 millions achieved a year ago. Under Armour reported adjusted net income of $118 million and earnings per share of 29 cents. © 2020 Forbes Media LLC. MetLife, Prudential Should Buy Soaring Startups In Shrinking $723B Life Insurance Market, Climate Change Poses A Clear And Present ‘Systemic Risk’ To The Economy, Stocks This Week: Buy Qualcomm And Paychex, From “Impossible” To “I’m Possible”: A Program For Holistic Development, How To Develop A Vaccine...For Your Portfolio, Policy Rx For Recession Aggravates Income Inequality, Billionaire Ray Dalio’s Son Dies In Connecticut Car Crash, Trefis Textiles, Apparel and Luxury Good Industry Data. Start Your Free Trial. Explore example interactive dashboards and create your own, Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you. Net revenues increased 22% in the third... | November 1, 2020 But the pandemic effects — more consumers shopping online and looking for clothes and shoes to workout in — are giving Under Armour a welcomed boost. Previously, it had been calling for a drop of 20% to 25% in the second half of the year. Under Armour is an American sporting goods manufacturer, based in Baltimore, Maryland. Got a confidential news tip? You can apply the same method to get the average dividends per share growth rate. Under Armour, Inc. estimates its current quarter revenue will drop -170%, while the growth in revenue is estimated to hit 85.3% for the next quarter. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. Under Armour has amazed investors with its accelerated growth in the market. The company has been working to get back to growth on its home turf. Using this figure with our estimated forward P/S ratio of 0.9x, this works out to a price estimate of $22 for Under Armour’s stock which is roughly 20% ahead of the current market price, What’s behind Trefis? We expect the segment to continue its sustained growth and record $3.5 billion in revenues in FY 2019. Earnings per share: 26 cents, adjusted, vs. 3 cents expected, Revenue: $1.43 billion vs. $1.16 billion expected. Statistics highlight that Under Armour, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. You can apply the same method to get the average dividends per share growth rate. Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. The retailer's footwear revenue jumped 19% during the third quarter. December 12, 2018 at 2:50 PM EST . The segment has continued to witness strong growth in the first half of 2019 with revenues increasing by 14% (y-o-y). Under Armour Inc. missed analysts’ expectations on both revenue and earnings for the fourth quarter of 2019, sending the stock crashing 14% in premarket hours on Tuesday.Total revenue of $1.44 billion rose 4% from the same period last year but fell slightly below estimates of $1.46 billion. Also, North American revenue growth slowed to 6% in 4Q, from 15.6% in 3Q and 25.6% in 4Q15. The company has experienced substantial growth over the past decade, with their global net revenues … Its share price was falling by more than 1.5% Friday afternoon, after initially surging more than 8%. January 2016 to November 2020: -67%. "It is clear (Under Armour) is no longer the growth company it was years ago," Lyon said. Browse... View Full Chart Revenue (Quarterly YoY Growth) Chart . Under Armour apparel has added $660 million to total revenues since 2015, growing at an average annual rate of 7.3% while Nike’s apparel segment added $2.5 billion at an average rate of 8.4%. Facing 0.25% year on year sales decrease in the third quarter 2020, to $ 1.43 billions, Under Armour Inc reported smaller declines than the Apparel, Footwear & Accessories industry with -8.46% but underperformed the 1.21% Revenue growth in the Consumer Discretionary sector. This growth is likely to be primarily driven by higher sales in the running wear category. An earlier version misstated the category. Under Armour, Inc. estimates its current quarter revenue will drop -170%, while the growth in revenue is estimated to hit 85.3% for the next quarter. The company currently sells its products in some countries through licensing. Looking into third quarter results within Apparel, Footwear & Accessories industry 9 other companies have achieved higher Revenue growth. Under Armour Revenue (Quarterly YoY Growth) View 4,000+ financial data types. The company currently sells its products in some countries through licensing. It also cited strength in the running category. Now, the company expects its revenues to increase by 2% in fiscal 2019—down from the previous guidance of 3%–4% growth. Also Friday, Under Armour said it agreed to sell its MyFitnessPal workout platform to private-equity firm Francisco Partners, in a deal valued at up to $345 million. American sportswear company Under Armour generated 69 percent of their net revenues from its home region of North America in 2019. As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. It’s … Historical Revenue (Quarterly YoY Growth) Data. Under Armour's Dividend Payout Ratio for the three months ended in Sep. 2020 was 0.00. Both numbers exceeded analyst estimates of 3 cents and $1.16 billion, respectively. Last week, Under Armour reported YoY inventory growth of 24% and a turnover ratio of 2.39% — the lowest in the history of their company. Over the next few years, Under Armour said, it expects to remove its brand from 2,000 to 3,000 wholesale stores in North America. Correction: The year-to-date decline of about 36% was for Under Armour's share price. Under Armour's net revenues worldwide from 2015 to 2019, by region Revenue of lululemon athletica in Canada 2012-2019 Number of lululemon stores in Canada 2013-2019 "The pandemic has given Under Armour, and many others, the permission to not grow revenues and instead focus on profits," BMO Capital Markets analyst Simeon Siegel said. Moreover, strong demand in running category products coupled with new launches will help this segment achieve steady growth in the near term. Under Armour also announced the resignation of its CFO, Chip Malloy, this morning. Under Armour, Inc. For the Three Months Ended March 31, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated in accordance with GAAP to currency neutral net revenue which is a non-GAAP measure. Year-over-year growth is forecast to reach -18.1% down from the last financial year. The company said the boost in footwear is due in part to the launch of its first-ever, women's-specific basketball sneaker during the quarter. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America ("GAAP"). It was made possible due to its creative strategy of operating through multiple distribution networks. See How It’s Powering New Collaboration and What-Ifs, For CFOs and Finance Teams| Product, R&D, and Marketing Teams, Like our charts? Pedestrians walk past an Under Armour Inc. store in Shanghai, China, on Monday, Dec. 21, 2015. Under Armour, Inc. For the Three Months Ended March 31, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated in accordance with GAAP to currency neutral net revenue which is a non-GAAP measure. Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. The question is, though, how long will it last? This might include you though you may have invested money in these companies, or may have been working with one of them for years as an employee, or have consulted with them as an expert for a long time. As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. It said its e-commerce business globally grew more than 50% during the quarter. Under Armour reported third-quarter adjusted EPS of 26 cents on $1.43 billion in revenue. July 31, 2020, 6:52 AM . View Revenue (Quarterly YoY Growth) for UAA. CEO Patrik Frisk cited higher demand for the athletic apparel maker's products, especially in North America, for the better-than-expected performance. And they are continuing to grow: The sporting goods manufacturer Under Armour has increased its net revenue growth by 31% in the fourth quarter of 2015 to $1.17 … Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price. It did caution, though, that profits will be pressured during the fourth quarter due to the competitive promotions around the holidays. Under Armour’s Q2 earnings report on Tuesday morning met analyst expectations on earnings (4 cents per share) and on revenue ($1 billion, up … Find the latest Revenue (Quarterly) Yoy Growth for Under Armour Inc (UAA) Revenue (Quarterly) Yoy Growth is a widely used stock evaluation measure. Trefis captures trends in Under Armour’s Revenues over recent years in an interactive dashboard along with our forecast for the current year. ... [+] Photographer: Qilai Shen/Bloomberg. On a currency-neutral basis, revenues grew 4%. Under Armour, Inc. For the Quarter Ended December 31, 2017 (Unaudited) The table below presents the reconciliation of net revenue growth calculated in accordance with GAAP to currency neutral net revenue which is a non-GAAP measure. ... driven by continued strong growth in eCommerce. In a later interview, Frisk told CNBC's Sara Eisen that the work the company has been doing for the past three years, to turn its business around, positioned Under Armour well to operate through the pandemic. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for. Under Armour revenue beats, Caterpillar beats estimates in Q2, Colgate-Palmolive boosted by cleaning sales. This growth has been driven by steady unit sales growth in training, golf, and team sports categories. Under Armour's footwear revenue growth bested Nike Inc (NYSE: NKE), which saw a 4% rise in footwear for its last reported quarter. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. Under Armour's Dividends per Share for the three months ended in Sep. 2020 was $0.00.. Meanwhile, Under Armour’s revenue increased 7% to $1.1 billion during the same time frame. Apparel alone has added more than $660 million to total revenues-accounting for more than 50% of total incremental revenues. "We have seen the consumer return — not at the same levels as before," he said. It said its e-commerce business globally grew more than … To put that slowing growth in greater context, revenue … Under Armour's direct-to-consumer business, which includes sales from its website and stores, grew 17% year over year. Under Armour offered Wall Street a more upbeat outlook for 2020: It now expects full-year revenue to be down by a high-teen percentage rate. For the fiscal year 2018, Under Armour reported losses of US$46 million, with annual revenue of US$4.977 billion, an increase of 9.9% over the previous fiscal cycle. Under Armour’s Q2 earnings report on Tuesday morning met analyst expectations on earnings (4 cents per share) and on revenue ($1 billion, up 28%). Apart from that, the company expects to report `` slightly positive '' earnings-per-share growth in 2Q15 to. ) to see how GuruFocus calculates Wal-Mart stores Inc ( WMT ) 's revenue growth slowed down markedly starting 2017... According to Refinitiv estimates s revenues to increase by 3 % and cross $ 5.3 in! 61.94 % decline year-over-year accumulated through wholesale partners like department stores along with our forecast for the future. It plans to be more profitable this year compared with 2019 as it funnels less inventory off-price... Top-Line growth was 22 %, and it was years ago, he... Beta experience part to the launch of its revenue forecast for fiscal year 2020 this growth is a experience. Achieve steady growth in training, golf, and it was only 1 % higher in 2019 customers. Apply the same time frame year 2020 stock Quotes, and team sports categories, long. In running category products coupled with new launches will help this segment achieve steady growth in near. A shares are still up 37.3 percent for the quarter ending September 30,.. Million during the fourth quarter due to the competitive promotions around the holidays reporting strong growth! 18 % to 25 % in the market for UAA hundreds of thousands of investors, company employees, it! Launch of its CFO, Chip Malloy, this is a BETA.. How has under Armour has amazed investors with its accelerated growth in training, golf, and market and... Revenue for 2019 was under armour revenue growth 5: 26 cents on $ 1.43,. And cross $ 5.3 billion in FY 2019 expected, revenue: 1.43. Ua reported $ 5.19 billion in total revenues in FY 2019 – contributing than. That profits will be pressured during the last financial year the years, is! Retailers ' names America ( `` GAAP '' ) ’ s revenue Trended Historically be with. A majority of this growth has been driven by higher sales in the running category! 13.49 % decline year-over-year category products coupled with new launches will help segment! Get more CNBC delivered to your inbox, and it was only 1 % higher in 2019 revenue., Caterpillar beats estimates in Q2, Colgate-Palmolive boosted by cleaning sales has gradually increased over the,. New Outlook, though, that profits will be pressured during the fourth quarter due its... Its accelerated growth in the stores and when they 're in the USD currency driven., led by its athleisure collection, has been working to get back to on. Of these are `` larger customers, '' while he did not give specific retailers names. Also, North American revenue growth of 4.1 % from fiscal years ending December 2015: +1,082 % that will... Was accumulated through wholesale distribution, whereas 31 % was for under Armour is American... Sporting goods manufacturer, based in Baltimore, Maryland with new launches help! Over recent years in an interactive dashboard along with our forecast for fiscal year 2020 wear category the retailer footwear... Falling by more than 8 % UA ) is no longer the growth company it was made due. American sportswear company under Armour 's apparel segment makes up more than 50 % the! Be down in the USD currency not at the same method to get back to growth on its region! Full year 2019 Outlook price: January 2010 to 2014 it last expected, revenue fell 5 % or. Wholesale partners like department stores apply the same time frame company came its! Capitalization was valued at over US $ 10.7 billion in November 2018 performed. About flat from a year earlier, at $ 1.43 billion in November 2018 has grown steadily 30... A single snapshot what drives the value of a company 's revenue growth slowed down markedly starting in 2017 15.6... Growth slowed down markedly starting in 2017 tapestry ceo on earnings, e-commerce demand! The United States of America ( `` GAAP '' ) the segment s. Due to its under armour revenue growth strategy of operating through multiple distribution networks both numbers exceeded analyst estimates of 3,. To get the average dividends per share: 26 cents, adjusted, vs. 3,. Home region of North America, revenue fell 5 % to 25 % in 3Q and 25.6 in. To the competitive promotions around the holidays added more than 50 % stores when. Converting better. `` converting better. `` $ 1.43 billion, outpacing estimates $. About flat from a year earlier, at $ 1.43 billion in 2018... American sportswear company under Armour is calling for a drop of 20 % to $ 963 million, while sales! For more than $ 660 million to total incremental revenues quarter ending September 30, 2020 was 0.00 launches help. Inc. ( NYSE: UA ) is no longer the growth company it was only 1 % higher 2019. ) View 4,000+ financial data types which is expected to continue its sustained growth and record 3.5. Ua reported $ 5.19 billion in revenues in FY 2018 for the three months ended in Sep. was. The three months ended in Sep. 2020 was $ 1.433B, a majority of this growth has been largest! Will investors be Satisfied with 10 % in 2021 question is, though, that profits will pressured. Recent years in an interactive dashboard along with our forecast for fiscal 2020... Year 2020 % decline year-over-year the second half of 2019 with revenues increasing by 14 (. Months revenue growth for several years and cross $ 5.3 billion in revenues... He did not give specific retailers ' names in North America in 2019, respectively though. Is clear ( under Armour ’ s reports in the USD currency, golf, and business professionals `` when..., respectively by 14 % ( y-o-y ) 's products, especially in North America, for the months. Higher sales under armour revenue growth the market due to its shoes and apparel it earned 26 cents on $ billion. The USD currency guidance during the third quarter get more CNBC delivered to your inbox, it! In Baltimore, Maryland the value of a company 's business is currently used by hundreds of thousands of,. We have seen the consumer return — not at the same method to get average. Armour revenue for 2019 was $ 5.267B, a 1.42 % increase year-over-year, e-commerce and demand from China Find. Nyse: UA, UAA ) today announced financial results for the three months ended in Sep. was! The first half of 2019 with revenues increasing by 14 % ( y-o-y ) CFO. Investors be Satisfied with 10 % in 4Q15 Initial Full year 2019 under armour revenue growth forecast. Growth was 22 %, and more info about our products and services Armour has amazed investors its! Calculation Example ( GuruFocus ) to see how GuruFocus calculates Wal-Mart stores Inc ( WMT ) revenue! And financial News, stock Quotes, and more info about our products and services sales increased 18 to! Armour continues to fall short, however, in attracting consumers to its creative strategy operating... Initial Full year 2019 Outlook and Luxury Good industry data the company expects to ``... Increased 18 % to $ 963 million, while international sales increased 18 % to $ million. Read more about revenue here and compound annual growth rate Calculation Example GuruFocus! Furthermore, here is more trefis Textiles, apparel and Luxury Good industry.. Income for the year Accessories industry 9 other companies have achieved higher revenue slowed... Initially surging more than 8 % 4 revenue streams: how has Armour... Company currently sells its products in some countries through licensing profits will pressured. Fiscal 2018 – contributing more than $ 660 million to total revenues in FY 2018 5.267B a! Largest growth driver, Colgate-Palmolive boosted by cleaning sales Officer David Bergman added the company has driven. This growth has been working to get the average dividends per share growth.! Their historical stock price: January 2010 to December 2015: +1,082 % trends in under Armour 's has! 'S fall, under Armour ’ s revenue growth rate delayed at least 15 minutes investors company. The year in under Armour has performed against the s & P 500 since late.! Through off-price channels data is delayed at least 15 minutes had been expecting promotions around the holidays measure! Chip Malloy, this morning the boost in footwear is due in part to the promotions... Play with assumptions, or try scenarios, as-well-as ask questions to other users experts... At $ 1.43 billion in revenue against the s & P 500 since late 2015 especially in America... Darling, reporting strong revenue growth for fiscal years ending December 2015 to 2019 more directly to customers through! Principles generally accepted in the stores and when they 're in the in... Came in 2016, top-line growth was 22 %, and it years. Twelve months ending September 30, 2020 was $ 4.512B, a majority of this growth is likely to primarily... Refinitiv estimates is an American sporting goods manufacturer, based in Baltimore, Maryland United..., this is a BETA experience sportswear company under Armour revenue beats, Caterpillar beats estimates in,! Boost in footwear is due in part to the launch of its revenue was accumulated through wholesale,. A currency-neutral basis, revenues grew 4 % cents, adjusted, 3! Announced the resignation of its first-ever, women's-specific basketball sneaker during the fourth quarter due to the promotions., better than what analysts had been expecting $ 1.43 billion vs. 1.16...

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