Under Armour Inc is a global sportswear and apparel company that designs, develops, and markets a wide range of performance-oriented athletic gear, footwear, and accessories
The company is known for its innovative moisture-wicking fabrics and technologies that enhance athletic performance. By catering to athletes and active individuals, Under Armour aims to inspire a passion for fitness through its high-quality products and strategic partnerships with athletes, coaches, and sports teams. In addition to its core offerings, Under Armour also focuses on creating a connected fitness community through digital platforms and fitness tracking applications.
Under Armour shares rose in premarket trading after reporting third-quarter FY25 results. Despite a 6% drop in sales to $1.401 billion, the company exceeded expectations.
Katy Huberty, the Global Head of Research at Morgan Stanley, has spotlighted 20 stocks from companies that are likely to see significant benefits from the adoption of Artificial Intelligence (AI).
Under Armour reported better-than-expected Q2 2025 results, with revenue declining 10.7% and adjusted EPS of $0.30. The company raised its full-year outlook, leading to a jump in its stock price.
Under Armour shares fall premarket as company updates FY25 restructuring plan with new initiatives to enhance supply chain and overall performance. Pre-tax charges now expected to be $140-$160 million, with adjusted operating income of $140-$160 million and adjusted EPS of $0.19-$0.22.
Two weeks ago we turned to a more bullish stance, which has proved to be correct, though we still await the explosive movement out of these consolidations.
Investor risk sentiment is showing greater conviction on Thursday, with all indices and major stock sectors in the green, after Wall Street failed to hold onto opening gains and closed in the red the previous day.
