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Last $84.59 USD
Change Today +0.33 / 0.39%
Volume 1.1M
UA On Other Exchanges
New York
As of 8:04 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

under armour inc-class a (UA) Key Developments

Under Armour Not Seeking Acquisitions In Boston

Under Armour, Inc. (NYSE:UA) is eyeing technology acquisitions, but not in Boston. Kevin Plank, founder and Chief Executive Officer of Under Armour, stated that the company plans to innovate in four different specific sectors in fitness tech: sleep, activity level, fitness level and nutrition but confirmed that he doesn't plan to acquire companies such as Boston-based Fitnesskeeper Inc. or Boston-based FitNow, Inc.

Under Armour, Inc. to Open Showroom in Soon-To-Be-Built Complex Near Airport

Oxford Development Co. has landed major sports apparel company Under Armour as its first tenant at 250 Industry Drive, a new 88,000-square-foot project. Under Armour Inc. will establish a product showroom not far from the corporate headquarters of Dick's Sporting Goods, a major seller of the company's high-performance sports clothing. Under Armour is expected to take one-fourth or one-third of the first building. The first building is slated to be completed for occupancy by mid-October with the second building expected to be under construction later 2015. Working with a 50-year lease for a 16-acre parcel, Oxford will build two 43,800-square-foot buildings linked together with a courtyard to help to create more of a campus feel. Al Neyer is building the project on behalf of Oxford. Under Armour has been eying a space along the Parkway West for a few years now. The Industry Road site is off Interstate 376 across from Pittsburgh International Airport. The new project is among the growing inventory of development happening on the surrounding territory of the Pittsburgh International Airport on land owned by the Allegheny County Airport Authority.

Under Armour, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Revises Earnings Guidance for Fiscal 2015

Under Armour, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net revenues of $804,941,000 against $641,607,000 a year ago. Income from operations was $27,667,000 against $26,856,000 a year ago. Income before income taxes was $23,617,000 against $25,136,000 a year ago. Net income was $11,728,000 or $0.05 per basic and diluted share against $13,538,000 or $0.06 per basic and diluted share a year ago. Net cash used in operating activities was $176,526,000 against $147,536,000 a year ago. Purchases of property and equipment were $68,619,000 against $39,715,000 a year ago. The company had previously anticipated 2015 net revenues of approximately $3.76 billion, representing growth of 22% over 2014, and 2015 operating income in the range of $397 million to $407 million, representing growth of 12% to 15% over 2014.  Based on current visibility, the company expects 2015 net revenues of approximately $3.78 billion, representing growth of 23% over 2014 and 2015 operating income in the range of $400 million to $408 million, representing growth of 13% to 15% over 2014.  The 2015 guidance continues to reflect the net dilutive impact from the Connected Fitness acquisitions, including one-time deal-related costs, as well as the impact of the strong dollar negatively impacting operating margin within international businesses.

Under Armour, Inc. to Report Q1, 2015 Results on Apr 21, 2015

Under Armour, Inc. announced that they will report Q1, 2015 results at 7:15 AM, US Eastern Standard Time on Apr 21, 2015

Under Armour, Inc., Q1 2015 Earnings Call, Apr 21, 2015

Under Armour, Inc., Q1 2015 Earnings Call, Apr 21, 2015


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