Under Armour Aktie News

The stock market rally rolls on. After a brief downturn in April, the benchmark S&P 500 index is back at an all-time high in May.

Under Armour, under the direction of its founder Kevin Plank, is trying to turn around its losses and strengthen its brand. This includes reprioritizing men's apparel

After shares of Under Armour Inc. NYSE: UA plummeted by 15% in the pre-market session of Thursday morning due to the company's release of its first quarter 2024 earnings results, bearish traders may have reversed their initial decision. The stock ranged within a couple of percentage points during the day, closing lower by 0.3% to finish the day.

Shares of athletic apparel manufacturer Under Armour (NYSE: UA , NYSE: UAA ) are incurring a modest decline following a dour disclosure. Indeed, the firm's latest earnings report revealed a big drop in revenue.

Under Armour (UAA) on Thursday reported fourth-quarter profit that fell well short of analyst estimates, with Chief Executive Officer (CEO) Kevin Plank saying the company faced a "challenging retail environment" over the last fiscal year.

Under Armour, Inc. (NYSE:UAA ) Q4 2024 Earnings Conference Call May 16, 2024 8:30 AM ET Company Participants Lance Allega - SVP, IR and Corporate Development Kevin A. Plank - President and CEO Dave Bergman - CFO Conference Call Participants Simeon Siegel - BMO Capital Markets Jay Sole - UBS Robert Drbul - Guggenheim Brian Nagel - Oppenheimer Samuel Poser - William Trading Laurent Vasilescu - BN...

The company said it looks to "meaningfully reset" business in North America, its biggest market.

Shares of Under Amrour Inc (NYSE: UAA) are in focus today after the sportswear company announced a broad restructuring plan.  How many employees will Under Armour let go?