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Under Armour, Inc.

5/25/2013, 3:09 AM ET

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Friday, May 24, 12:38 PM Heard during Foot Locker's (FL -6.1%) earnings call: 1) Execs say products are "right" at Foot Locker stores, but due to weather patterns more sales will shift to Q2 from Q1. 2) In Q1, traffic was down, but ASPs were higher. 3) The planned acquisition of Runners Point Group appears to be a bet on Germany - not the continent as a whole. 4) The retailer says comparable store sales are flat this month. That's not great news for Nike (NKE -1.4%), Under Armour (UA -1.3%), or Finish Line (FINL -2.2%) - unless the catch-up that Foot Locker points to materializes. (webcast) Comment! [Consumer, Earnings]
Friday, May 24, 8:31 AM Shares of Foot Locker (FL) slip 2.2% premarket after the retailer's Q1 earnings came in just ahead of estimates but it didn't give investors any meaty guidance to bite on. The quarter from Foot Locker doesn't appear to raise any alarm bells for Nike (NKE) or Under Armour (UA), although the firm's conference call could tip off some buying trends for the athletic apparel sector. Comment! [Consumer, On the Move]
Friday, May 3, 2:49 PM Athletic shoes in focus: Analysts think the strong quarter in North America by Adidas (PMMAF.PK) confirms that demand for athletic shoes is outpacing other retail categories. Nike (NKE +2%), Foot Locker (FL +0.9%), and Finish Line (FINL +3.1%) could surprise to the upside as new lines sell well and a shift in the product mix toward higher-margin basketball shoes helps boosts results - while don't count out Dick's Sporting Goods (DKS +2%) and Under Armour (UA +0.9%) to also catch some of the action. Comment! [Consumer]
Monday, April 22, 10:23 AM Under Armour (UA -2.3%) dips after Buckingham Research swims against the current to cut its rating on the retailer to Neutral from Buy. The firm takes the view that risk-averse investors will stay cautious on the name. Comment! [Consumer, On the Move]
Monday, April 22, 7:12 AM Under Armour (UA) continues to catch plenty of attention from investors as the company's major retail partners keep up a healthy pace of orders for its on-trend brand. This year, Under Armour has increased its market share in the U.S. athletic market against behemoth Nike - as well as its overall share in the competitive apparel market. What to watch: The retailer will need to find new revenue channels as outlet store growth slows. Comment! [Consumer]
Friday, April 19, 8:32 AM More on Under Armour's (UA) Q1 results: High costs for apparel in North America send gross margins higher despite higher input and SGA expenses. UA raises guidance for FY13 revenue to $2.23B from $2.21B. Revenue in the core apparel business climbs 22%. Shares +3.3% premarket. Comment! [Earnings, Consumer, On the Move]
Friday, April 19, 7:20 AM Under Armour (UA): Q1 EPS of $0.07 beats by $0.04. Revenue of $472M (+22.8% Y/Y) beats by $5M. Comment! [Earnings, Consumer]
Friday, April 19, 12:05 AM Notable earnings before Friday’s open: BHI, COL, FHN, FNFG, GE, GPC, HON, IPG, KMB, KSU, LH, MAN, MCD, NPBC, SAP, SLB, STI, STT, TCB, TNP, UA Comment! [Earnings]
Thursday, April 18, 5:30 PM Notable earnings before Friday’s open: BHI, COL, FHN, FNFG, GE, GPC, HON, IPG, KMB, KSU, LH, MAN, MCD, NPBC, SAP, SLB, STI, STT, TCB, TNP, UA Comment! [Earnings]
Monday, April 15, 9:21 AM Shares of Under Armour (UA) move up 1.5% in premarket action after the retailer lands an upgrade from Susquehanna to Positive from Neutral to go along with a fresh price target of $68. The investment firm thinks the June analysts meeting could provide a spark for another round of buying. Comment! [Consumer, On the Move]
Monday, April 15, 8:42 AM D.A. Davidson boosts Under Armour (UA) to Buy from Neutral: "Considering UA's market share of the U.S. athletic footwear market is below 3%... it is clear UA is early in its maturity curve. Despite an anemic global economic environment, we believe success with [its] initiatives will allow UA to consistently achieve its long-term 20%-25% annual growth target, or better." Comment! [Quick Ideas, Consumer]
Monday, April 15, 8:11 AM DA Davidson upgrades Under Armour (UA) to a Buy rating and gives it a fresh price target of $66. 2 Comments [Consumer]
Wednesday, April 10, 12:40 PM Under Armour (UA +1.1%) has plenty of legs to run higher, according to SA contributor Matthew Frankel. By moving into cotton performance apparel the company is starting tap into the "active use" sportswear market which gives it more growth opportunities. What to watch: Will the retailer follow Nike and Adidas into producing casual wear clothes to find a whole new revenue channel? 1 Comment [Consumer]
Tuesday, April 2, 8:52 AM Barclays initiates coverage on Under Armour (UA) with an Overweight rating and $60 price target. SA contributor Takeover Analyst is a bit more conservative on the retailer, noting the increasing margin pressure and lofty valuation in play. Comment! [Consumer]
Thursday, March 28, 9:57 AM Athletic apparel sales are hanging tough despite a downward blip in last week's report on retail sales, according to Hedgeye. The key point is that pricing indicators don't show a big ramp in promotional activity in the sector. Winners and losers: Nike (NKE +0.3%) is as dominant as ever while Adidas (ADDYY.PK) and Reebok continue to work on a turnaround. Meanwhile, Under Armour (UA +0.8%) is making slow and steady forward progress. Comment! [Consumer]
Friday, March 22, 12:59 PM Under Armour (UA +3.6%) trades higher with Nike's strong performance in North America helping to tip sentiment. Though most analysts think there is enough global demand for both sports apparel companies to thrive, the question on Under Armour is if it can match Nike's success on the margins front. Comment! [Consumer, On the Move]