The Latest Breaking News from Under Armour

Under Armour CEO Patrik Frisk is leaving the Baltimore-based athletic apparel maker June 1 after little more than two years at the helm, the company announced late Wednesday.

Shares of apparel and footwear company Under Armour Inc (NYSE: UA) (NYSE: UAA) fell after hours Wednesday on the heels of an announcement the company’s CEO was stepping down.

Under Armour's (NYSE:UAA) short percent of float has risen 3.61% since its last report. The company recently reported that it has 17.28 million shares sold short, which is 9.19% of all regular shares that are available for trading.

The Dallas native pulled some more magic from his Under Armour hat on Friday.

Under Armour (NYSE:UAA) has outperformed the market over the past 15 years by 13.45% on an annualized basis producing an average annual return of 20.19%. Currently, Under Armour has a market capitalization of $5.03 billion.

Under Armour's (NYSE:UA) short percent of float has fallen 17.0% since its last report. The company recently reported that it has 14.30 million shares sold short, which is 6.64% of all regular shares that are available for trading.

Under Armour (NYSE:UA) has outperformed the market over the past 15 years by 12.46% on an annualized basis producing an average annual return of 19.37%. Currently, Under Armour has a market capitalization of $4.64 billion.

  On Friday, 1043 companies hit new 52-week lows.

 

Under Armour Inc (NYSE:UAA) (NYSE:UA) reported sales growth of 3% year-on-year to $1.30 billion for its transition quarter ended March 31, 2022, missing the consensus of $1.32 billion. As announced earlier, following a three-month transition period (January 1 – March 31, 2022), Under Armour's FY23 will run from April 1, 2022, through March…

  Under Armour (NYSE:UAA) reported its earnings for the first three months of the year on Friday, May 6, 2022 at 06:55 AM. Here's what investors need to know about the announcement.