Under Armour bets on lower input costs to raise profit view as sales lag

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Citi on Under Armour, Inc. (UAA): 'the athletic/active environment remains challenged'

February 8, 2024 2:15 PM EST

Citi analyst Paul Lejuez reiterated a Neutral rating and $8.00 price target on Under Armour, Inc. (NYSE: UAA).

The analyst comments "3Q EPS $0.19 beat cons $0.11 driven by stronger GM/lower SG&A. Implied 4Q guidance of $0.06-0.08 is below cons $0.12 based on weaker... More