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Under Armour(UA) - 2025 Q1 - Quarterly Results
2024-08-08 19:43
财务表现 - 收入下降10%至12.04亿美元(10%下降调整汇率)[4] - 北美收入下降14%至7.09亿美元,国际收入下降2%至4.73亿美元(2%下降调整汇率)[4] - 毛利率上升110个基点至47.5%,主要由于直营业务折扣力度降低和产品成本下降[4] - 销售、一般及管理费用增加42%至8.37亿美元,主要由于计提了2.74亿美元的诉讼准备金[4] - 营业亏损3亿美元,调整后营业利润800万美元[4] - 净亏损3.05亿美元,调整后净利润400万美元[5] - 每股摊薄亏损0.70美元,调整后每股收益0.01美元[5] - 总体净收入下降10.1%,其中北美下降14.2%,亚太下降10.1%,拉丁美洲增长15.6%[21] - 批发渠道净销售下降8.3%,直销渠道下降11.8%[22] - 服装、鞋类和配饰类产品销售均有不同程度下降[23] - 北美、EMEA和亚太地区经营利润率分别为19.4%、13.1%和7.6%,整体经营利润率为1.7%[26] 现金流与库存 - 库存下降15%至11亿美元[5] - 现金及现金等价物余额为8.85亿美元,较上季度增加2.6%[29] 股票回购 - 公司宣布启动5亿美元股票回购计划,本季度回购4000万美元[6] 重组与诉讼 - 重组费用为2500万美元[7] - 由于计提2.74亿美元的诉讼准备金和2.51亿美元的重组费用,公司本季度净亏损3.05亿美元[43] 未来展望 - 公司预计2025财年收入将增长5%-7%,经调整营业利润率为3.5%-4.5%[46] - 公司2025财年预计经营亏损在2.14亿美元至1.94亿美元之间,主要受到诉讼准备金和2025年重组计划费用的影响[47,48] - 公司预计2025财年第二季度经营利润在8500万美元至9500万美元之间,主要受到2025年重组计划费用的影响[53] - 公司预计2025财年第二季度每股调整后净收益在0.18美元至0.20美元之间[54] 门店情况 - 截至2024年6月30日,公司在北美地区的直营门店数量为200家,其中工厂店183家、品牌店17家[56] - 截至2024年6月30日,公司在国际市场的直营门店数量为241家,其中工厂店173家、品牌店68家[57] - 截至2024年6月30日,公司总计拥有441家直营门店,其中工厂店356家、品牌店85家[58]
UNDER ARMOUR ANNOUNCES ERIC LIEDTKE AS EXECUTIVE VICE PRESIDENT OF BRAND STRATEGY
Prnewswire· 2024-08-06 20:30
文章核心观点 - 公司宣布收购UNLESS COLLECTIVE,INC,并任命Eric Liedtke为Under Armour执行副总裁,负责品牌战略 [1][2][4][5] - Eric Liedtke此前在adidas集团任职26年,担任过品牌总裁和执行董事会成员,在公司实现了超过80亿美元的收入增长 [3][7] - UNLESS COLLECTIVE是一家零塑料再生时尚品牌,致力于用植物材料取代塑料制造服装和鞋类产品 [8][9] 根据目录分类总结 Eric Liedtke背景 - Eric Liedtke在adidas集团任职26年,担任过多个高级职位,包括品牌营销副总裁、体育品牌营销高级副总裁和体育品牌负责人,最后担任品牌总裁和执行董事会成员 [7] - 在担任品牌总裁期间,他制定并实施了一项五年战略计划,帮助adidas实现了超过80亿美元的收入增长,推动了该公司在材料、创新、可持续性和街头时尚方面的突破 [7] - Liedtke拥有威斯康星大学麦迪逊分校的文学学士学位,是一名狂热的冲浪者、户外运动爱好者和健身爱好者 [7] Under Armour收购UNLESS COLLECTIVE - Under Armour宣布收购UNLESS COLLECTIVE,这是一家全植物、零塑料再生时尚品牌 [8][9] - UNLESS COLLECTIVE由创新者、工程师、艺术家和活动家组成的集体,致力于建立第一个再生时尚平台,连接材料、设计、制造和堆肥,利用植物创新和生产智慧来解决无塑料未来 [8][9] - Under Armour表示,收购UNLESS COLLECTIVE并任命Eric Liedtke为执行副总裁,将有助于提升Under Armour的品牌形象,增强消费者忠诚度,并推动公司长期增长 [4][5][6]
UNDER ARMOUR ANNOUNCES FIRST QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL DATE
Prnewswire· 2024-07-25 04:30
BALTIMORE, July 24, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) plans to release its first quarter fiscal 2025 (ended June 30, 2024) results on August 8, 2024. Following the news release at approximately 7:00 a.m. Eastern Time (ET), Under Armour management will host a conference call at approximately 8:30 a.m. ET to review results. This call will be webcast live and archived at https://about.underarmour.com/investor-relations/financials. About Under Armour, Inc. Under Armour, Inc., headquartered ...
Under Armour agrees $434m class action settlement
Proactiveinvestors NA· 2024-06-24 20:45
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
The Bottom Fishing Club: Under Armour Left For Dead, Founder Again CEO
Seeking Alpha· 2024-06-16 22:02
Justin Sullivan/Getty Images News Under Armour, Inc. (NYSE:UAA) (NYSE:UA) saw its stock quote peak above $50 in 2015, following its IPO in November 2005. Rapid growth in its synthetic-fiber sports apparel and shoe business targeting serious athletes helped to transform this equity into a top "growth" name after a decade of public trading. YCharts - Under Armour (Class A), Stock Price Changes, Since November 2005 IPO Then, business trends reached their zenith, and the company moved its strategy toward ...
Under Armour(UA) - 2024 Q4 - Annual Report
2024-05-30 04:38
市场风险管理 - 公司面临的市场风险主要包括外汇和利率变动风险[157] - 公司使用衍生工具管理金融风险,不进行交易或投机[157] - 公司的外汇风险管理计划包括指定现金流量套期保值和未指定套期保值[159] - 公司在2024年3月31日持有外汇远期汇率协议,主要涉及美元兑欧元、美元兑英镑、美元兑人民币等货币对[159] - 公司的净收入主要来自美国,外汇风险可能对其运营结果产生不利影响[159] - 公司可能会与各种信用评级为投资级的金融机构签订长期债务安排,以维持流动性和资助业务运营[159] - 公司可能会选择进行利率互换合同以减少利率波动的影响[159] 财务状况 - 公司总净收入为57.0亿美元[174] - 总资产为476.1亿美元[173] - 总股东权益为215.3亿美元[173] - 现金及现金等价物为8.59亿美元[173] - 总净利润为23.2亿美元[174] - 总营业利润为2.3亿美元[174] - 总销售、一般和管理费用为24.0亿美元[174] 财务报表和会计准则 - 公司将财年结束日期从12月31日更改为3月31日[181] - 公司的财务报表采用美国通用会计准则编制,包括Under Armour, Inc.及其全资子公司的账户[183] - 公司通过对应收账款和信用损失的准备金进行评估,以及对存货、固定资产和租赁的处理,展示了对财务数据的严谨管理[197][198][199][200][201][202] - 公司根据ASC Topic 350-20 "Goodwill"规定,对商誉和无形资产进行至少每年一次的减值测试,以确保资产价值的准确性[203][204][205] - 公司根据ASC Topic 606 "Revenue from Contracts with Customers"规定,通过合理的收入确认方式,包括销售、许可收入和数字业务收入等,确保收入的准确性和稳定性[207][208][209] 股权和债务 - 公司的股东权益包括A类普通股和B类可转换普通股,B类股票由公司创始人Kevin Plank持有,享有10倍于A类股票的投票权[256] - 公司已经完成了5次加速股票回购交易,回购了总计45.6万股C类普通股,共计5亿美元[259] - 公司的长期债务总额为675,792美元,其中包括1.50%到期的可转换优先票据和3.25%到期的Senior Notes[238] - 公司预计将使用现金偿还约80.9万美元的可转换高级票据[240] 税务和法律事务 - 公司根据ASC主题740“所得税”核算所得税[215] - 公司对暂时性差异建立递延所得税资产和负债[216] - 公司每个报告日期考虑可能影响递延所得税资产未来实现的新证据[218] - 公司在2024年3月31日已经为法律诉讼风险事项设立了1亿美元的准备金[253] - 公司已同意对某些第三方侵犯知识产权权利等事项进行赔偿[248] - 公司继续认为在证券诉讼中提出的索赔毫无根据,并打算积极捍卫此事[249]
Under Armour to lay off employees as part of restructuring plan
foxbusiness.com· 2024-05-18 02:05
Under Armour Inc. is initiating a restructuring plan to turn around its mounting losses.  Founder Kevin Plank, who was brought back as CEO last month after stepping down at the end of 2019, told analysts that he is working on cost management and implementing necessary strategies to grow the brand. This includes an undisclosed number of layoffs. The company said it plans to take a charge of between $7 million and $15 million in employee severance and benefits costs. FOX Business reached out to Under Armour f ...
Bears Sent a False Alarm for Under Armour Stock
marketbeat.com· 2024-05-17 20:33
Key PointsUnder Armor's stock stabilized after a 15% decline, showing investors its proper fundamentals are still solid today.Expected to grow its EPS above peers and beat inflation, analysts see a double-digit upside in price targets.Under Armour stock trades at a discount to the sector despite a better positioning.5 stocks we like better than Alibaba GroupAfter 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 quar ...
Under Armour Misses Profit Forecasts, Announces Restructuring Plan
investopedia.com· 2024-05-17 00:10
Key TakeawaysUnder Armour's fourth-quarter profit missed estimates, with CEO Kevin Plank attributing the quarter to a "challenging retail environment."The apparel maker announced a fiscal 2025 restructuring plan that could cause up to $90 million in costs through layoffs and other methods.The company's board also approved a stock buyback plan, allowing Under Armour to repurchase $500 million of its own shares over the next three years. Under Armour (UAA) on Thursday reported fourth-quarter profit that fell ...
Under Armour is laying off workers as retailer says North America sales will plunge this year
cnbc.com· 2024-05-16 20:38
Under Armour clothing is seen for sale in a store in Manhattan, New York City, February 7, 2022.Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted the trend will get worse throughout its current fiscal year. The athletic apparel retailer also saw profits plunge by more than 96% during its fourth fiscal quarter, compared with the year ago period. It's unclear how many employees Under Armour will lay off as part of the ...