Under Armour Class C Stock News

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Under Armour says supply-chain constraints could weigh on future results.

Under Armour (NYSE: UAA ) reported its Q4 earnings results on Friday, February 11, 2022 at 06:55 AM. Here''s what investors need to know about the announcement. Also check this: Hanesbrands And 2 Other Stocks Bought By Insiders Earnings Under Armour beat estimated earnings … Full story available on Benzinga.com

The company also said supply-chain constraints could weigh on future results.

Supply chain issues will pressure growth in 2022.

Under Armour Inc. reported fourth-quarter net income of $109.7 million, or 23 cents per share, down from $184.5 million, or 40 cents per share, last year. Adjusted EPS of 14 cents beat the FactSet consensus for 6 cents. Revenue of $1.529 billion was up from $1.404 billion and ahead of the FactSet consensus for $1.469 billion. Under Armour is shifting its fiscal year to March 31 from December 31 after a three-month transition period from January 1 to March 31. For that transition period, Under Armour is guiding for revenue to rise at a mid single-digit rate, up from previous guidance for a low single-digit rate, including 10 percentage points of headwinds from a reduction in the spring-summer 2022 order book due to COVID-related supply chain constraints. EPS is expected to be 2 cents to 3 cents. FactSet did not provide a consensus for the transition period. Under Armour shares fell 3.6% in Friday premarket trading and are down 13% over the past year. The S&P 500 index is up 15% for the past 12 months.

Under Armour Inc. undefinedundefined reported fourth-quarter net income of $109.7 million, or 23 cents per share, down from $184.5 million, or 40 cents per

Under Armour (UAA) fell in early trading after warning supply chain issues will linger this spring for the company and potentially into the summer. Read more.

Under Armour's (UAA) fourth-quarter performance reflects brand strength and better execution. However, management cautions about reductions in spring-summer 2022 order book.

Under Armour shares moved lower Friday after the sports apparel group posted stronger-than-expected fourth quarter earnings but noted that Covid-linked supply chain disruptions would have impact its spring and summer orders.

Under Armour Inc revealed on Friday its revenue in the fourth quarter of 2021 amounted to $1.5 billion, marking a 9% increase compared to the same period a year ago….

Under Armour, Inc. (UAA) CEO Patrik Frisk on Q4 2021 Results - Earnings Call Transcript

Under Armour Inc (NYSE: UAA) on Friday reported market-beating results for its fiscal fourth quarter. The stock still slipped 10% after the sports equipment company warned the impact of COVID-related

Athletic footwear and apparel maker Under Armour said Friday (Feb 11) that its direct-to-consumer (D2C) revenues rose 10% in the fourth quarter, as consumers went back to shopping in-stores again comp

The shares of Under Armour Inc   (NYSE:UAA) are down 8.9% at $18.22 this morning, despite the athletic apparel retailer posting better-than-expected fourth-quarter earnings and revenue.