New Posts  All Forums:Forum Nav:

UA - Under Armour - Page 2

post #21 of 37
4/28/08 at 7:32pm
Earnings tomorrow before the bell - lookin' good folks!
Reply
Reply
post #22 of 37
4/29/08 at 2:15pm
Under Armour Q1 profit beats Street, but sees weak 2008
Tue Apr 29, 2008 9:28am EDT

(Recasts; adds details, background, share movement)

April 29 (Reuters) - Athletic-apparel maker Under Armour Inc (UA.N: Quote, Profile, Research) posted a first-quarter profit above market estimates on higher sales of footwear and women's apparel, but said it expects 2008 to be less profitable than previously expected, sending its shares down 12 percent.

The company, which will make its debut in the cross-training sneakers market this spring, cut its 2008 income from operations outlook to $103.5 million to $104.5 million, down from its prior outlook of about $108.5 million to $110.5 million.

Under Armour expects 2008 gross margin to fall 30 basis points year-over-year to 50 percent. But the company reiterated its net revenue outlook of about $765 million to $775 million.

Analysts on average expect 2008 earnings of about $1.28 a share, before special items, on revenue of $775.3 million, according to Reuters Estimates.

The company, whose athletic gear is intended to wick away sweat from the body, said first-quarter net income fell to $2.9 million, or 6 cents a share, from $9.9 million, or 20 cents a share, a year earlier.

Analysts on average had expected a profit of 3 cents a share, before special items.

Net revenue rose about 27 percent to $157.3 million, while analysts had expected $153.7 million.

Shares of the company fell to $34.00 in trading before the bell, after closing at $38.58 Monday on the New York Stock Exchange. (Reporting by Dhanya Skariachan in Bangalore; Editing by Pratish Narayanan)


----------------------------------------------

Down almost 10% after earnings report.
Reply
Reply
post #23 of 37
4/29/08 at 5:12pm

71% will drop any stock. HOUSE OF PAIN HERE FOR AWHILE


NEW YORK (Dow Jones)--Under Armour Inc. (UA) posted a 71% decline in first-quarter net income and cut its full-year income from operations outlook, which sent shares lower Monday in early trading.

The Baltimore maker of athletic wear posted quarterly net income of $2.87 million, or 6 cents a share, down from $9.94 million, or 20 cents, a year earlier, due in part to the company shifting a "substantial" portion of its marketing spending to the first half of the year.

Net revenue increased 27% to $157.3 million from $124.3 million the previous year, based on strong growth in footwear and women's apparel.

Analysts polled by Thomson Reuters expected, on average, earnings of 3 cents a share on revenue of $154 million.

Under Armour reaffirmed its full-year revenue forecast of $765 million to $775 million, but lowered its full-year income from operations outlook to $103.5 million to $104.5 million. The company previously estimated full-year income of $108.5 million to $110.5 million.

The company expects gross margins to decrease 30 basis points in 2008. It had previously estimated a full-year gross margin improvement of 40 to 50 basis points in 2008.

Raymond James analyst Dan Wewer said Under Armour has been aggressively cutting its inventory reserve over the last two years.

"It appears the company is now recognizing the need to increase the reserve, which is contributing to gross margin pressure," Were wrote in a note to clients, maintaining an underperform rating on the company.
Reply
Reply
post #24 of 37
4/21/11 at 11:24am

How come nobody is talking about this stock?  This looks to be going to a hundred IMO.  Under Armour is getting stronger and stronger.  If UA is rising like this then Dick's is going even higher IMO.  When you walk into Dick's there is a huge section of under armour.  I may be buying calls on both of these in the near future.  I'm just worried if the NFL doesn't happen this year, will this effect these two companies.  

Reply
Reply
post #25 of 37
4/21/11 at 1:07pm

yea..and the emergence of UFC (which seems to be linked with UA)...

 

its jus too expensive IMO...crazy run up...

Reply
Reply
post #26 of 37
4/21/11 at 4:25pm
Quote:
Originally Posted by themav37 View Post

How come nobody is talking about this stock?  This looks to be going to a hundred IMO.  Under Armour is getting stronger and stronger.  If UA is rising like this then Dick's is going even higher IMO.  When you walk into Dick's there is a huge section of under armour.  I may be buying calls on both of these in the near future.  I'm just worried if the NFL doesn't happen this year, will this effect these two companies.  


I've been holding since $32.  While I don't believe it's going to a hundred, it's been a great play for me.  This is one of those stocks I just don't even really glance at that often.  I know it's there, I know it's making me money, and I know I don't even really have to keep current with what they've got going on.

 

Reply
Reply
post #27 of 37
4/26/11 at 12:55pm

No one talking about the decent earnings followed by a huge selloff?

 

 

I would say it's an overreaction if anything.

 

 

 

 

Quote:

 

 Q1 EPS $0.23 cents vs $0.19 expected

* Q1 sales up 36 pct to $312.7 mln

* Shares down more than 8 pct (Rewrites first paragraph, adds shares, analyst quotes)

By Helen Chernikoff

NEW YORK, April 26 (Reuters) - Athletic apparel maker Under Armour Inc (UA.N) reported a spike in inventory on Tuesday, sending its shares down more than 8 percent as investors worried that it was more at risk of having to cut prices if sales faltered.

The company, known for apparel that draws sweat away from the body, said inventory rose 68 percent at the end of the quarter to $248.6 million.

A strategic decision to stockpile cold-weather products early in order to avoid rising costs in the second half of the year accounts for at least some of the inventory increase, said Morningstar analyst Paul Swinand.

"It's always risky to take on inventory," he said. "Investors instinctively hate that."

Under Armour forecast 2011 operating income of $149 million to $153 million on revenue of $1.37 billion to $1.39 billion.

"The demand side of the equation remains healthy," said Wedbush Securities analyst Camilo Lyon.

Under Armour is riding a surge of demand for its sweat-wicking clothes because its marketing, cuts and fits are projecting an edgier vibe than that of rivals like Nike Inc (NKE.N), Swinand said.

Under Armour posted first-quarter net income of $12.1 million, or 23 cents per share, compared with $7.2 million, or 14 cents per share, a year earlier.

Analysts on average had expected earnings of 19 cents per share, according to Thomson Reuters I/B/E/S.

Revenue rose 36 percent to $312.7 million.

Gross margin fell slightly to 46.4 percent from 46.9 percent a year earlier, due in part to a rise in fuel prices that is making transportation and production more expensive, Lyon said.

Under Armour's shares were down 8.5 percent at $71.80 during morning trading on the New York Stock Exchange. (Reporting by Helen Chernikoff; Editing by Derek Caney, Lisa Von Ahn, Dave Zimmerman)

 

Reply
Reply
post #28 of 37
5/3/11 at 4:57pm
Quote:
Originally Posted by HIHH View Post

No one talking about the decent earnings followed by a huge selloff?

 

 

I would say it's an overreaction if anything.

 

 

 

 

 


Was thinking the same thing, time to hop in?

 

Reply
Reply
post #29 of 37
5/3/11 at 7:11pm


It's getting close I think.
 

Quote:
Originally Posted by la wham View Post




Was thinking the same thing, time to hop in?

 



 

Reply
Reply
post #30 of 37
6/8/11 at 10:32am

Under Armour (UA) target increased at Goldman to $72. Company can deliver consistent growth and deserves a higher multiple. Buy rating.

Reply
Reply
post #31 of 37
7/9/11 at 12:55am

I've been facinated by this companies products for a while now, I own several of their items, and they offer incredible workmanship.  What are your thoughts on this company StockJock-e from an investment standpoint?  I am very tempted to start a long position but I would love a nice pullback first. Their items command a strong price, and even on ebay their are costly, and the demand is high, many stores offer a lot of their items, and with the companies crossover from only sports to military and hunting items as well, the demand seems to be well insulated.

 

Quote:
Originally Posted by StockJock-e View Post

Under Armour (UA) target increased at Goldman to $72. Company can deliver consistent growth and deserves a higher multiple. Buy rating.



 

Reply
Reply
post #32 of 37
7/9/11 at 2:25pm

i wonder if UA is a "sell the news" if/when NFL comes to an agreement w/ the players

Reply
Reply
post #33 of 37
8/4/11 at 2:47am

Got in at $69 today, looks good for a bounce

Reply
Reply
post #34 of 37
3/12/12 at 11:16am

Under Armour (UA) downgraded at Sterne Agee from Buy to Neutral, Sterne Agee said. Valuation call, as the stock is trading at 32x 2013 earnings.

Reply
Reply
post #35 of 37
3/12/12 at 11:40am

yea that makes sense...

lulu now goes up..lol

Reply
Reply
post #36 of 37
3/15/12 at 2:00pm

taking off 2%

 

hummmmmmmm...

 

 

Reply
Reply
post #37 of 37
5/15/13 at 9:00pm
broke above a key price level. Recently got clearance to have a weekly option listed as well
Reply
Reply
New Posts  All Forums:Forum Nav:
  Return Home