STORY HIGHLIGHTS Under Armour turned a profit for the second consecutive quarter. Revenue dipped 6% but beat Wall Street estimates. CEO Kevin Plank emphasized long-term success and marketing efforts.
Under Armour, under the direction of its founder Kevin Plank, is trying to turn around ... a practice that allowed it to meet Wall Street's revenue estimates.
Under Armour founder CEO Kevin Plank has been back in place as CEO for ~9 months, intent on enhancing the brand's image beyond low-cost wholesaling. The company's recent earnings report shows ...
Almost a year into founder Kevin Plank’s return as CEO, Under Armour sales are still struggling, with net revenue down 5.7% in Q3, according to a Thursday press release. Overall revenue reached ...
Gross margin for FY25 is now projected to improve by 160 basis points, up from the previous outlook of 125-150 basis points. Adjusted operating income guidance was increased to $185-$195 million, with ...
Since returning as CEO in April, founder Kevin Plank has kept a tight leash on inventory of some products, pushed for fewer promotions and slashed its workforce. Under Armour also introduced ...