UPDATE: UBS Upgrades Under Armour, Inc. (UAA) to Buy
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Under Armour Reports First Quarter 2021 Results; Raises Full Year Outlook
May 4, 2021 6:55 AM EDTBALTIMORE, May 4, 2021 /PRNewswire/ --Â Under Armour, Inc. (NYSE: UA, UAA) today announced unaudited financial results for the first quarter ended March 31, 2021. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America ("GAAP"). This press release refers to "currency neutral" and "adjusted" amounts, which are non-GAAP financial measures described below under the "Non-GAAP Financial Information" paragraph. References to adjusted financial measures exclude the impact of the company's 2020 restructuring plan and related impairment charges, impairments associated with certain long-lived assets and goodwill and related tax effects, and with... More
Under Armour Announces Settlement of Previously Disclosed Securities and Exchange Commission Matter
May 3, 2021 4:46 PM EDTBALTIMORE, May 3, 2021 /PRNewswire/ --Â Under Armour, Inc. (NYSE: UA, UAA) (the "Company") today announced that it has entered into a settlement with the U.S. Securities and Exchange Commission (the "SEC"), resolving a previously announced investigation related to disclosure and the impact of certain "pull forward" sales for the third quarter of 2015 through the fourth quarter of 2016.
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