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| Tim Walberg | Sell | $8.0K | Tue, Feb 10 | Fri, May 29 |
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TACTICALGEAR.COM WHOLESALE (TGW) today announced a strategic distribution partnership with Under Armour Tactical, creating a dedicated channel resource for dealers and resellers serving military, law enforcement, first responder, public safety, and government…
Under Armour Inc (NYSE:UA) faces a tough test of investor confidence as UBS cuts its price target by 11% to $8, citing bearish sentiment, falling US website traffic and slowing growth in China, despite expecting quarterly earnings to broadly meet forecasts.
A selloff hitting premium athletic apparel brands at more than twice the pace of the broader retail sector is raising uncomfortable questions about whether shoppers are pulling back on discretionary spending just as the crucial holiday quarter approaches.
As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the consumer discretionary - apparel and accessories industry, including Under Armour (NYSE:UAA) and its peers.
Dollar General and BJ's Wholesale Club are also trimming their offerings as shoppers pull back on discretionary spending
Frasers Group has acquired an 8.78 percent stake in the Baltimore-based athletic company.
UAA is simplifying its assortment, backing higher-potential products and sharpening execution as it navigates softer demand and protects profitability.
The sports equipment brand “never got away” from football in its marketing, one exec said, but has been putting the sport more obviously front and center in recent years.
Under Armour (UAA) is in focus after recent trading saw the share price close at US$4.43, with the stock down over the past week, month, past 3 months, year, and three and five year periods.
Shares of athletic apparel company Under Armour (NYSE:UAA) jumped 1.9% in the afternoon session after Morgan Stanley resumed coverage of the sportswear company with an Underweight rating and a $4 price target, reported by Streetinsider.