Year-over-year growth is forecast to reach -18.1% down from the last financial year. Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the third quarter ended September 30, 2020. The segment’s contribution to total revenues has gradually increased over the years, which is expected to continue for the foreseeable future. Under Armour offered Wall Street a more upbeat outlook for 2020: It now expects full-year revenue to be down by a high-teen percentage rate. The company added +78.53% of value to its shares in past 6 months, showing an annual growth rate of -235.29% while that of industry is -21.3. You can read more about Revenue here and compound annual growth rate on Wikipedia. Under Armour's Dividend Payout Ratio for the three months ended in Sep. 2020 was 0.00. Last week, Under Armour reported YoY inventory growth of 24% and a turnover ratio of 2.39% — the lowest in the history of their company. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. You can play with assumptions, or try scenarios, as-well-as ask questions to other users and experts. Under Armour's revenue growth for fiscal years ending December 2015 to 2019 averaged 11.8%. Under Armour on Friday reported earnings and sales that topped estimates, with consumers stocking up on the brand's sneakers and workout gear during the coronavirus pandemic. Under Armour revenue for the twelve months ending September 30, 2020 was $4.512B, a 13.49% decline year-over-year. Under Armour apparel has added $660 million to total revenues since 2015, growing at an average annual rate of 7.3% while Nike’s apparel segment added $2.5 billion at an average rate of 8.4%. Under Armour's market capitalization was valued at over US$10.7 billion in November 2018. However, the segment’s share has declined from 71% in 2015 to nearly 67% in 2018 due to faster growth in the Footwear segment. Trefis captures trends in Under Armour’s Revenues over recent years in an interactive dashboard along with our forecast for the current year. This might include you though you may have invested money in these companies, or may have been working with one of them for years as an employee, or have consulted with them as an expert for a long time. We expect this segment to continue its steady growth, with revenues increasing at a rate of 3.8% to $1.1 billion in FY 2019. Under Armour is an American sporting goods manufacturer, based in Baltimore, Maryland. Statistics highlight that Under Armour, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. Under Armour Reports Second Quarter Net Revenues Growth Of 34%; Raises Full Year 2014 Net Revenues and Operating Income Outlook ... Baltimore, MD (July 24, 2014) - Under Armour, Inc. (NYSE: UA) today announced financial results for the second quarter ended June 30, 2014. North America revenue decreased 5 percent to $963 million and international revenue increased 18 percent to $433 million (up 17 percent currency neutral). Under Armour, Inc. For the Three Months Ended March 31, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated in accordance with GAAP to currency neutral net revenue which is a non-GAAP measure. Previously, … We want to hear from you. 65% of its revenue was accumulated through wholesale distribution, whereas 31% was gathered through direct consumer sales. Surprisingly, the founders of Trefis discovered that along with most other people they just did not understand even the seemingly familiar companies around them: Apple, Google, Coca Cola, Walmart, GE, Ford, Gap, and others. This included 4 revenue streams: How Has Under Armour’s Revenue Trended Historically? Got a confidential news tip? Its wholesale revenue decreased 7% to $830 million during the third quarter. July 31, 2020, 6:52 AM . Opinions expressed by Forbes Contributors are their own. However, going forward, we expect the segment to grow in low single-digits, mainly due to growth in most of the categories – led by men’s training. Under Armour annual/quarterly net income history and growth rate from 2006 to 2020. The company currently sells its products in some countries through licensing. Will Investors Be Satisfied With 10% In 2021? Footwear accounts for less than a quarter of Under Armour’s sales, but it’s proving to be the brand’s fastest-growing category in 2019. In a later interview, Frisk told CNBC's Sara Eisen that the work the company has been doing for the past three years, to turn its business around, positioned Under Armour well to operate through the pandemic. Notably, a majority of this growth came in 2016 when the footwear segment grew by almost 50%. It did caution, though, that profits will be pressured during the fourth quarter due to the competitive promotions around the holidays. Revenue has grown steadily by 30% from 2010 to 2014. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. Under Armour Inc reported Revenue growth of 0.25% year on year in the third quarter, to $ 1,433.02 millions, this is lower than Under Armour Inc 's recent average Revenue increase of 11.57%. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. "It is clear (Under Armour) is no longer the growth company it was years ago," Lyon said. Apparel sales dropped 6% to $927 million, while footwear revenue surged 19% to $299 million, and accessories revenue jumped 23% to $145 million. Under Armour annual revenue for 2018 was $5. 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