Canaccord Genuity Raises Price Target to $105 Following Under Armour's (UA) 2Q EPS Beat
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Under Armour Announces Multi-Year Partnership with FC St. Pauli And Opening Of New Munich Office
July 23, 2015 5:26 PM EDTMUNICH, July 23, 2015 /PRNewswire/ -- At an event hosted at their new Munich office, Under Armour (NYSE: UA) announced several new strategic partnerships in Germany and the surrounding region in support of the brand's aggressive global expansion plans.
The new partnerships include Under Armour's multi-year official technical sponsorship of FC St. Pauli, a club with a distinct... More
Under Armour Reports Second Quarter Net Revenues Growth Of 29%; Raises Full Year Outlook
July 23, 2015 7:01 AM EDTBALTIMORE, July 23, 2015 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA) today announced financial results for the second quarter ended June 30, 2015. Net revenues increased 29% in the second quarter of 2015 to $784 million compared with net revenues of $610 million in the prior year's period. On a currency neutral basis, net revenues increased 31% compared with the prior year's period. Net income decreased 17% in the second quarter of 2015 to $15 million compared with $18 million in the prior year's period and diluted earnings per share for the second quarter of 2015 were $0.07 compared with $0.08 per share in the... More
