IB Net Payout Yields Model

Under Armour: Return To Glory

 

  • Under Armour's stock initially rose with founder Kevin Plank's return and FQ1 results but fell due to higher FY25 restructuring charges misunderstood by the market.
  • The restructuring charges increased to $140-$160 million, causing a slight rise in operating loss, yet adjusted EPS remains on target.
  • The stock's valuation at only 0.6x EV/S targets suggests substantial upside compared to peers like Lululemon and Nike, on top of the potential for the brand's resurgence.
Under Armour, Inc. (NYSE:UA)(NYSE:UAA) seems to fall sometimes just for releasing news. The stock jumped following FQ1 results and signs that Stephen Curry is working with the athletic apparel retailer to expand the Curry Brand, yet a simple update crushed the stock. My investment thesis remains ultra-Bullish on the stock, with the return of founder Kevin Plank set to help return the company to glory.

Read the full article on Seeking Alpha. 

Disclosure: Long UA. Please review the disclaimer page for more details. 


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