Under Armour-C (UA, Financial) shares experienced a significant increase of 5.01%. The stock is currently trading at $8.28 per share, with a trading volume of 1.62 million shares, indicating a turnover rate of 0.38% and a price fluctuation of 6.03%.
Recent financial reports reveal that Under Armour-C recorded a revenue of $1.184 billion. The company reported a net loss of $305 million, translating to an earnings per share (EPS) of -$0.70, and a gross profit of $559 million. The price-to-earnings (P/E) ratio stands at -41.38.
In terms of ratings, 27% of the 26 participating institutions recommend buying, 58% recommend holding, and 15% suggest selling. The apparel manufacturing industry, where Under Armour-C operates, saw an overall increase of 0.29%.
Other notable performers in the sector included Vince Holding, Under Armour-A, and Carter's, which showed significant gains. Active stocks with considerable turnover include Under Armour-A, Carter's, and Canada Goose, with turnover rates of 1.92%, 1.88%, and 1.09%, respectively. Stocks with notable volatility include Xinhua International, Vince Holding, and Carter's, with fluctuations of 12.76%, 11.49%, and 7.94%, respectively.
Under Armour, based in Baltimore, develops, markets, and distributes sports apparel, footwear, and accessories across North America, Asia-Pacific, Europe, and other regions. The company caters to professional and amateur athletes, sponsored college and professional teams, as well as individuals leading an active lifestyle. Their products are sold through direct-to-consumer channels, including e-commerce and over 400 factory and brand stores, as well as wholesale networks. Additionally, Under Armour operates the digital fitness app MapMyFitness. The company was founded in 1996, led by major shareholder Kevin Plank.
