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Under Armour CEO Kevin Plank said that the company hasn't "done a good enough job yet telling Steph his story through the Curry brand." He speaks alongside Steph Curry at Bloomberg Power Players New York.

[Note: Under Armour's FY'24 ended March 31, 2024]

Under Armour, Inc. (NYSE:UAA ) Q1 2025 Earnings Call Transcript August 8, 2024 8:30 AM ET Company Participants Lance Allega - SVP, IR, Treasury and Corporate Development Kevin Plank - President and CEO Dave Bergman - CFO Conference Call Participants Jay Sole - UBS Bob Drbul - Guggenheim Simeon Siegel - BMO Capital Markets Geoff Lowery - Redburn Jim Duffy - Stifel Paul Lejuez - Citi Laurent Vasilescu - BNP Paribas Sam Poser - Williams Trading Operator Good morning, and welcome to the Under Armour First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode.

Under Armour's returning CEO is repositioning the brand for long-term success, sacrificing low-margin sales volume. The company expects big losses this year, but its gross margin is trending in the right direction.

Under Armour (NYSE: UA ) stock is gaining on Thursday after the company reported positive earnings for its fiscal first quarter of 2025. The latest earnings report from Under Armour starts with its adjusted earnings per share of 1 cent.

Shares of Under Armour Inc   (NYSE:UAA) are 17.6% higher at $7.61 this morning, on track for its best session since October 2018 after the athletics apparel retailer reported a surprise quarterly profit and hiked its fiscal 2025 outlook.

Founder Kevin Plank took the reins from former CEO Stephanie Linnartz in April, and the company has since been in refresh mode.

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.