Previous Close | 0.3500 |
Open | 0.3500 |
Bid | 0.3000 |
Ask | 0.4000 |
Strike | 7.50 |
Expire Date | 2024-10-18 |
Day's Range | 0.3500 - 0.4000 |
Contract Range | N/A |
Volume | |
Open Interest | 497 |
Q4 2024 Under Armour Inc Earnings Call
Under Armour (UA, UAA) revealed a weaker-than-expected full-year forecast for its fiscal 2025. The disappointing guidance is compounded by the apparel brand's restructuring plans under returning CEO Kevin Plank. CFRA Research Analyst Zachary Warring and Tom Nikic, Wedbush Securities SVP and Senior Equity Research Analyst for Apparel and Footwear, sit down with Market Domination to talk the company's operating margins hurdles. "You do not want to be a brand that competes solely on price that... leads to a downward spiral of pricing and that's problematic," Nikic tells Yahoo Finance. "The issue is that I don't think they've done what they need to do from a product development perspective, they don't really have a lot of new and exciting products to drive consumer demand." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
The strategy was unveiled by founder Kevin Plank, who returned as CEO in April.