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BALTIMORE , June 17, 2025 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that it has priced $400 million aggregate principal amount of its 7.250% Senior Notes due 2030 (the "Notes") at par, in a private offering (the "Offering") exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The sale of the Notes is expected to close on June 23, 2025, subject to customary closing conditions.
BALTIMORE , June 16, 2025 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that it intends to offer, subject to market and other conditions, $400 million aggregate principal amount of its Senior Notes due 2030 (the "Notes"), in a private offering (the "Proposed Offering") exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be senior, unsecured obligations of Under Armour, bearing interest semiannually in arrears.
In 2013, Stephen Curry shocked the sneaker world by signing with then-upstart apparel company Under Armour over basketball powerhouse Nike, a defining moment in Curry's business career. In 2023, Under Armour signed a long-term extension with Curry and made him president of the newly formed Curry Brand, housed under the company's banner.
In 2013, Stephen Curry shocked the sneaker world by signing with then-upstart apparel company Under Armour over basketball powerhouse Nike. The deal was considered a defining moment in Curry's business career.
Under Armour: Positioned For A Turnaround
I downgraded Under Armour to a sell as revenue continues to decline, and key initiatives show little progress, especially in North America. DTC and footwear segments remain weak, with full-price repositioning and portfolio management strategies failing to revive demand. Tariff risks add significant uncertainty, threatening margins and complicating any turnaround amid already soft consumer demand.
Socks and t-shirt company Bombas has appointed longtime retail executive Jason LaRose to be its next CEO as it looks to scale beyond DTC roots.
Under Armour, Inc. (NYSE:UAA ) Q4 2025 Earnings Conference Call May 13, 2025 8:30 AM ET Company Participants Lance Allega - SVP, Finance and Capital Markets Kevin Plank - President and CEO Dave Bergman - CFO Conference Call Participants Jay Sole - UBS Simeon Siegel - BMO Capital Markets Sam Poser - Williams Trading Laurent Vasilescu - BNP Paribas Peter McGoldrick - Stifel Krista Jiranek - TD Cowen Operator Good day, and welcome to the Fourth Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.
Shares of athletic wear name Under Armour Inc (NYSE:UAA) are up 0.8% to trade at $6.26 this morning, enjoying a post-earnings lift on the charts.
U.S. stocks traded higher this morning, with the Nasdaq Composite gaining around 250 points on Monday.