Under Armour Reports Second Quarter Net Revenues Growth Of 28%; Reiterates Full Year Net Revenues Outlook Of $4.925 Billion
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FBR Capital Remains Bullish Following Under Armour's (UA) 2Q and Partnership Announcement with Kohl's
July 27, 2016 2:03 PM EDTFBR Capital reiterated an Outperform rating and $59.00 price target on Under Armour, Inc. (NYSE: UA) following the company's 2Q earnings report. UA reported EPS of $0.01, in line with consensus estimates. Management also announced a new partnership with Kohls, which could be another sales driver for the company.
Analyst Susan Anderson commented, "Under Armour posted... More
Under Armour (UA) Misses Q2 EPS by 1c
July 26, 2016 7:03 AM EDTUnder Armour (NYSE: UA) reported Q2 EPS of $0.01, $0.01 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $1.0 billion versus the consensus estimate of $995.14 million.
During the second quarter, wholesale net revenues grew 27% year-over-year to $635 million compared to $501 million in the prior year's... More
