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EXEC: Under Armour’s New CEO Delivers Playbook To Revive Growth

EXEC: Under Armour’s New CEO Delivers Playbook To Revive Growth

In her first address to the investment community, Stephanie Linnartz, Under Armour’s new CEO, declared, “Growth is without a question our highest priority.” She cited footwear, women, sport style and full-price stores as untapped opportunities but particularly stressed an urgency for Under Armour to establish a more-premium positioning and amplify brand heat. (Read More)

Under Armour Raises Full-Year Guidance On Strong Q3 Beat

Under Armour Raises Full-Year Guidance On Strong Q3 Beat

Under Armour, Inc. raised its earnings guidance for the year as its earnings for the fiscal third quarter ended December 31 easily topped Wall Street’s targets as gross margin pressures were offset by cost controls. Sales were slightly above consensus targets. One area of concern was inventory levels, which were up 50 percent. (Read More)

EXEC: Under Armour’s Shares Pop On Earnings Beat

EXEC: Under Armour’s Shares Pop On Earnings Beat

Shares of Under Armour closed up about 12 percent on Thursday after the company reported better-than-expected earnings for its latest quarter while only slightly lowering its full-year guidance. Under Armour interim president and CEO Colin Browne told analysts on a call, "In a highly challenging retail environment, we're pleased that we're able to deliver second-quarter results that were in line with our expectations." (Read More)

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