UA Stock Recent News

Under Armour beat Wall Street's quarterly estimates on the top and bottom lines. The company adjusted its full-year profit guidance after settling a securities lawsuit from 2017 for $434 million.

BALTIMORE , Aug. 8, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) announced unaudited financial results for its first quarter fiscal 2025, which ended June 30, 2024. The company reports its financial performance following accounting principles generally accepted in the United States of America ("GAAP").

Under Armour Inc (NYSE:UA) has agreed to a $434 million settlement to resolve a 2017 class action lawsuit accusing the company of misleading shareholders about its revenue growth to meet Wall Street expectations. The deal, pending court approval, avoids a trial that was set for July 15 in Baltimore federal court.

BALTIMORE , June 21, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that it has entered into an agreement in principle to resolve the previously disclosed securities class action litigation pending in the United States District Court for the District of Maryland (In re Under Armour Securities Litigation). This lawsuit was originally filed in 2017.

COLLEGE PARK, Md., June 17, 2024 /PRNewswire/ -- After two decades of partnership, the University of Maryland has renewed its partnership with Under Armour, extending its agreement for an additional 12 years through 2036. The continuation of this partnership reinforces the pair's commitment to championing all athletes, reaffirms Maryland's significance to Under Armour's heritage, and demonstrates the desire to bring this partnership into the next chapter of the brand's story.

Under Armour's stock peaked in 2015 above $50. It's now trading at all-time low valuations with price below $7. Founder Kevin Plank returns as CEO to lead a restructuring effort focusing on premium brand image and reduced discounting to outside retailers. The stock valuation may be one of the cheapest in its peer clothing/shoe segment of major retailers/manufacturers.

Under Armour becomes the Official and Exclusive Uniform, Apparel and Footwear Partner of USA Football and the U.S. National Team Through the 2028 Summer Olympics BALTIMORE and INDIANAPOLIS , June 11, 2024 /PRNewswire/ -- USA Football, the sport's governing body in the United States and the organization responsible for creating and leading the U.S. National Teams, and Under Armour, the innovative performance brand, today announced a multi-year partnership through the 2028 Summer Olympics in Los Angeles. The partnership aims to allow every athlete to participate, ultimately growing the game of football.

Under Armour, under the direction of its founder Kevin Plank, is trying to turn around its losses and strengthen its brand. This includes reprioritizing men's apparel

After shares of Under Armour Inc. NYSE: UA plummeted by 15% in the pre-market session of Thursday morning due to the company's release of its first quarter 2024 earnings results, bearish traders may have reversed their initial decision. The stock ranged within a couple of percentage points during the day, closing lower by 0.3% to finish the day.

After shares of Under Armour Inc. NYSE: UA plummeted by 15% in the pre-market session of Thursday morning due to the company's release of its first quarter 2024 earnings results, bearish traders may have reversed their initial decision. The stock ranged within a couple of percentage points during the day, closing lower by 0.3% to finish the day.