Under Armour: Bargain Bin
- Under Armour, Inc. has traded down since reporting a solid FQ3'23 earnings report.
- The athletic apparel company still forecasts producing solid earnings despite a 425 basis point hit to gross margins.
- Under Armour stock is cheap based on earnings rebounding in FY24 as the promotional environment ends.
- This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »