You can apply the same method to get the average dividends per share growth rate. Under Armour's footwear revenue growth bested Nike Inc (NYSE: NKE), which saw a 4% rise in footwear for its last reported quarter. Under Armour, Inc. estimates its current quarter revenue will drop -170%, while the growth in revenue is estimated to hit 85.3% for the next quarter. We expect the company to achieve steady revenue growth and add more than $160 million to its top line in FY’19 primarily due to growth in wholesale as well as direct-to-consumer business coupled with growth in its international business (particularly in Asia) – mitigating the impact of soft demand in North America on its top line. Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the third quarter ended September 30, 2020. Under Armour is calling for sales to be down in the high-teens in 2020, better than what analysts had been expecting. 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. Sign up for free newsletters and get more CNBC delivered to your inbox. Will Investors Be Satisfied With 10% In 2021? "The pandemic has given Under Armour, and many others, the permission to not grow revenues and instead focus on profits," BMO Capital Markets analyst Simeon Siegel said. View and export this data going back to 2006. Data is a real-time snapshot *Data is delayed at least 15 minutes. Chief Financial Officer David Bergman added the company expects to report "slightly positive" earnings-per-share growth in 2021. Under Armour also announced the resignation of its CFO, Chip Malloy, this morning. It was made possible due to its creative strategy of operating through multiple distribution networks. Net revenues increased 34% in the second quarter of 2014 to $610 million compared with net revenues of $455 … Revenue (Quarterly) Yoy Growth is a widely used stock evaluation measure. Statistics highlight that Under Armour, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. View Revenue (Quarterly YoY Growth) for UAA. As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. Tapestry CEO on earnings, e-commerce and demand from China, Find the full earnings press release here. Revenue was about flat from a year earlier, at $1.43 billion, outpacing estimates for $1.16 billion. North America revenue decreased 5 percent to $963 million and international revenue increased 18 percent to $433 million (up 17 percent currency neutral). Explore example interactive dashboards and create your own, Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you. Last year, the app was reported to be worth US$136 million in revenue which merely amounted to 3 percent of Under Armours’ overall worth. The question is, though, how long will it last? This growth has been driven by steady unit sales growth in training, golf, and team sports categories. 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. An earlier version misstated the category. Since 2016 the growth has normalized and the segment has grown in the low-single digits, This growth has been supported by continued global trends such as increasing penetration of sportswear, rising sports participation rate, and increasing health awareness. All Rights Reserved. You can view the Trefis interactive dashboard to better understand the revenue trends and division-wise revenue performance, and alter the assumptions to arrive at your own estimate for the company’s revenues. Its share price was falling by more than 1.5% Friday afternoon, after initially surging more than 8%. It’s … This revenue growth was propelled by footwear products, which grew 40.2% year-over-year to … This segment has been Under Armour’s fastest growing segment – adding more than $105 million to total revenues since 2015 at an average annual rate of 21%. Under Armour’s reports in the USD currency. Under Armour Inc 's 2019 Annual Revenue performance marks a slow down, from 4.35 % … The company said the boost in footwear is due in part to the launch of its first-ever, women's-specific basketball sneaker during the quarter. Under Armour has amazed investors with its accelerated growth in the market. 65% of its revenue was accumulated through wholesale distribution, whereas 31% was gathered through direct consumer sales. Under Armour's market capitalization was valued at over US$10.7 billion in November 2018. Under Armour's Dividends per Share for the three months ended in Sep. 2020 was $0.00.. UA reported $5.19 billion in total revenues in FY 2018. This segment has continued to struggle in the first half of 2019 with revenue declining by 5% primarily driven by planned lower sales of backpacks and bags related to a strategic relaunch of key product. Under Armour said it plans to be more profitable this year compared with 2019 as it funnels less inventory through off-price channels. "It is clear (Under Armour) is no longer the growth company it was years ago," Lyon said. Frisk said some of these are "larger customers," while he did not give specific retailers' names. Find the latest Revenue (Quarterly) Yoy Growth for Under Armour Inc (UAA) As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. All Rights Reserved, This is a BETA experience. To put that slowing growth in greater context, revenue … As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. Under Armour, Inc. For the Three Months Ended September 30, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated according to GAAP to currency-neutral net revenue, a non-GAAP measure. And they are continuing to grow: The sporting goods manufacturer Under Armour has increased its net revenue growth by 31% in the fourth quarter of 2015 to $1.17 … It also cited strength in the running category. “These suspect sales practices enabled the company to increase quarterly revenue, mask slowing demand for Under Armour products, and extend the 26-quarter streak of 20% sales growth… Under Armour Revenue (Quarterly YoY Growth) View 4,000+ financial data types. Year-over-year growth is forecast to reach -18.1% down from the last financial year. Under Armour’s revenue growth in 2Q15 accelerated to 28.5% year-over-year or $784 million. Pedestrians walk past an Under Armour Inc. store in Shanghai, China, on Monday, Dec. 21, 2015. Its new outlook, though still a decline, is better than the 25.7% drop that analysts had predicted. Also, North American revenue growth slowed to 6% in 4Q, from 15.6% in 3Q and 25.6% in 4Q15. In addition, here is more Trefis Textiles, Apparel and Luxury Good Industry Data. Asia will continue to drive the segment’s growth for the foreseeable future thanks to continued expansion with key partners and higher sales to the off-price channel coupled with sustained momentum in direct-to-consumer, Footwear Segment has achieved robust growth in the last few years, with revenues increasing from $677 million in 2015 to more than $1 billion in FY 2018 driven by continuous growth across all major products categories. Under Armour's annual sales growth has slowed in the past few years and full-year profit has fallen below estimates in two out of the past five quarters. Under Armour's revenue growth for fiscal years ending December 2015 to 2019 averaged 11.8%. 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. Previously, it had been calling for a drop of 20% to 25% in the second half of the year. Looking into third quarter results within Apparel, Footwear & Accessories industry 9 other companies have achieved higher Revenue growth. Don’t believe me? Under Armour’s Q2 earnings report on Tuesday morning met analyst expectations on earnings (4 cents per share) and on revenue ($1 billion, up … As rivals started offering competing products, Under Armour's revenue growth slowed down markedly starting in 2017. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. Under Armour, Inc. announced financial results for the third quarter ended 30th September, 2020. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. Find the full earnings press release here. Got a confidential news tip? Trefis is currently used by hundreds of thousands of investors, company employees, and business professionals. CEO Patrik Frisk cited higher demand for the athletic apparel maker's products, especially in North America, for the better-than-expected performance. This segment has added more than $75 million to total revenue since 2015 at an average annual rate of 6.8% driven by unit sales growth in multiple categories led by men’s training. 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. Earnings per share: 26 cents, adjusted, vs. 3 cents expected, Revenue: $1.43 billion vs. $1.16 billion expected. A Detailed Look At Under Armour’s segment performance and revenue change over the years: Apparel Segment Is Under Armour’s Largest Operating Segment, Footwear Segment’s Growth Has Normalized Since 2016, Accessories Segment Growth Likely To Rebound After A Difficult 2018, Licensing and Connected Fitness Is Under Armour’s Fastest Growing Segment, Based on our forecasts, Under Armour’s revenue per share for full-year 2019 is likely to be around $23.8. Apparel segment consistently contributes a majority of its revenues, with an average revenue share of more than 67% in the last four years. "We have seen the consumer return — not at the same levels as before," he said. Under Armour Revenue Est. It was made possible due to its creative strategy of operating through multiple distribution networks. It did caution, though, that profits will be pressured during the fourth quarter due to the competitive promotions around the holidays. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Under Armour's Dividends per Share for the three months ended in Sep. 2020 was $0.00.. Historical Revenue (Quarterly YoY Growth) Data. Under Armour is an American sporting goods manufacturer, based in Baltimore, Maryland. Furthermore, here’s how Under Armour has performed against the S&P 500 since late 2015. But the pandemic effects — more consumers shopping online and looking for clothes and shoes to workout in — are giving Under Armour a welcomed boost. ... [+] Photographer: Qilai Shen/Bloomberg. Year-over-year growth is forecast to reach -18.1% down from the last financial year. Net revenues increased 34% in the second quarter of 2014 to $610 million compared with net revenues of $455 … It said its e-commerce business globally grew more than 50% during the quarter. See How It’s Powering New Collaboration and What-Ifs, For CFOs and Finance Teams| Product, R&D, and Marketing Teams, Like our charts? 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. Apparel alone has added more than $660 million to total revenues-accounting for more than 50% of total incremental revenues. Moreover, strong demand in running category products coupled with new launches will help this segment achieve steady growth in the near term. Also Friday, Under Armour said it agreed to sell its MyFitnessPal workout platform to private-equity firm Francisco Partners, in a deal valued at up to $345 million. Under Armour Reports Flat Revenue Compared to Last Year in Q3: The $1.4 billion USD figure was achieved through considerable improvements in North America. You can apply the same method to get the average dividends per share growth rate. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for. Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. Under Armour's Dividend Payout Ratio for the three months ended in Sep. 2020 was 0.00. This included 4 revenue streams: How Has Under Armour’s Revenue Trended Historically? This growth is likely to be primarily driven by higher sales in the running wear category. Under Armour reported sales and earnings that topped expectations, thanks to strong demand for its workout gear in North America during the coronavirus pandemic. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. Led by MIT engineers and Wall Street analysts, Trefis (through its dashboards platform dashboards.trefis.com) helps you understand how a company's products, that you touch, read, or hear about everyday, impact its stock price. The company currently sells its products in some countries through licensing. Under Armour continues to fall short, however, in attracting consumers to its shoes and apparel. July 31, 2020, 6:52 AM . Start your Free Trial. We want to hear from you. Under Armour's latest twelve months revenue growth is -4.2%. Here's how the company did during its fiscal third quarter, compared with what analysts were expecting, based on Refinitiv data: For the quarter ended Sept. 30, net income shrank to $38.9 million, or 9 cents per share, from $102.3 million, or 23 cents a share, a year earlier. Under Armour's apparel segment makes up more than two-thirds of the company's revenue and had been driving double-digit growth until recently. Meanwhile, Under Armour’s revenue increased 7% to $1.1 billion during the same time frame. Under Armour’s Q2 earnings report on Tuesday morning met analyst expectations on earnings (4 cents per share) and on revenue ($1 billion, up 28%). The segment’s contribution to total revenues has gradually increased over the years, which is expected to continue for the foreseeable future. American sportswear company Under Armour generated 69 percent of their net revenues from its home region of North America in 2019. Under Armour's Dividend Payout Ratio for the three months ended in Sep. 2020 was 0.00. The company has experienced substantial growth over the past decade, with their global net revenues amounting to approximately 5.27 billion U.S. dollars in 2019. Product growth engines stalling. The company has experienced substantial growth over the past decade, with their global net revenues … Growth calculations are always made in the company’s reporting currency to ensure currency fluctuations do not impact the calculation. The segment’s share to total revenues has increased from around 3.5% in 2015 to nearly 4.7% in 2018 and we expect this figure to increase further to 5% in 2019. It acquired the business for $475 million in 2015. "And I think that is critical.". Apparel, led by its athleisure collection, has been the largest growth driver. You can play with assumptions, or try scenarios, as-well-as ask questions to other users and experts. However, the Accessories segment had a difficult 2018 with revenue declining more than 5% mainly due to unit sales decline in outdoor and training categories. Under Armour reported adjusted net income of $118 million and earnings per share of 29 cents. Under Armour, Inc. estimates its current quarter revenue will drop -170%, while the growth in revenue is estimated to hit 85.3% for the next quarter. 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. In North America, revenue fell 5% to $963 million, while international sales increased 18% to $433 million. On a currency-neutral basis, revenues grew 4%. We expect the segment to continue its sustained growth and record $3.5 billion in revenues in FY 2019. PDF Version. Get this delivered to your inbox, and more info about our products and services. Despite Wednesday's fall, Under Armour's Class A shares are still up 37.3 percent for the year. Under Armour Presents 2023 Strategic Growth Plan; Updates 2018 And Provides Initial Full Year 2019 Outlook. Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "For the past 24 consecutive quarters or six years, we have driven net revenue growth above 20% and we are incredibly proud of our start to 2016 with first quarter net revenue growth of 30%. 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. Under Armour has achieved steady revenue growth in the last couple of years, with its revenues of $5.2 billion in 2018 marking a y-o-y growth of 4.1% driven by an increase in wholesale revenue, strong performance in apparel and footwear segments, partially offset by lower sales of accessories. © 2020 Forbes Media LLC. Excluding one-time charges, it earned 26 cents per share, topping expectations for 3 cents, according to Refinitiv estimates. You can read more about Revenue here and compound annual growth rate on Wikipedia. Under Armour revenue for the twelve months ending September 30, 2020 was $4.512B, a 13.49% decline year-over-year. © 2020 CNBC LLC. ($ Million) Growth Rate (%) # Employees; 2019: Details in Premium Report: 2018: 2017: 2016: 2015: 2014: 1-Year Growth Rate: 3-Year Growth Rate (CAGR): Note: Under Armour's revenues are gauged from an analysis of company filings. 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. Just check out their historical stock price: January 2010 to December 2015: +1,082%. ... driven by continued strong growth in eCommerce. Going forward, we expect Under Armour’s revenues to increase by 3% and cross $5.3 billion in FY 2019. Annual Revenue Growth Comment: Under Armour Inc 's Annual Revenue for the fiscal year ended 2019, increased by 1.42% to $5,267.13 millions, from $5,193.19 millions achieved a year ago. Using this figure with our estimated forward P/S ratio of 0.9x, this works out to a price estimate of $22 for Under Armour’s stock which is roughly 20% ahead of the current market price, What’s behind Trefis? 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. Notably, a majority of this growth came in 2016 when the footwear segment grew by almost 50%. 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 Annual Revenue and Growth Rate. UA has added more than $1.2 billion to total revenue since 2015 at an average annual rate of 9.4% led by steady growth across all operating segments. The company currently sells its products in some countries through licensing. Under Armour's direct-to-consumer business, which includes sales from its website and stores, grew 17% year over year. 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. BALTIMORE, Oct. 25, 2016 /PRNewswire/ -- Under Armour, Inc. today announced financial results for the third quarter ended September 30, 2016. We expect this trend to continue over subsequent quarters thanks to increase in new subscription revenue partially offset by lower revenue from licensing partners in North America due to softer demand. Under Armour net income for the quarter ending September 30, 2020 was $0.039B , a 61.94% decline year-over-year. 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. 65% of its revenue was accumulated through wholesale distribution, whereas 31% was gathered through direct consumer sales. Net revenues increased 22% in the third... | November 1, 2020 Under Armour revenue for the quarter ending September 30, 2020 was $1.433B, a 0.25% increase year-over-year. EY & Citi On The Importance Of Resilience And Innovation, How Digital Workflows Helped Save Basketball During The Pandemic, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, Kazakhstan: The Biggest Surprise In 2020 Frontier Financial Markets. It has been heavily reliant in the past on department stores and discount chains to sell its gear, a strategy that has hurt profitability and diluted the brand's image compared with competitors including Nike, Adidas and Lululemon. Opinions expressed by Forbes Contributors are their own. Its wholesale revenue decreased 7% to $830 million during the third quarter. The segment grew by 5% year-over-year in fiscal 2018 – contributing more than $175 million to total incremental revenues. Kevin Plank, Chairman and CEO of Under Armour, Inc., stated, "For the past 24 consecutive quarters or six years, we have driven net revenue growth above 20% and we are incredibly proud of our start to 2016 with first quarter net revenue growth of 30%. Under Armour has been having challenges with growing sales for the past couple of years. Revenue has grown steadily by 30% from 2010 to 2014. A Division of NBCUniversal. 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. Under Armour annual/quarterly net income history and growth rate from 2006 to 2020. 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. Under Armour Inc. missed analysts’ expectations on both revenue and earnings for the fourth quarter of 2019, sending the stock crashing 14% in premarket hours on Tuesday.Total revenue of $1.44 billion rose 4% from the same period last year but fell slightly below estimates of $1.46 billion. Under Armour shareholders allege in a lawsuit that executives of the sports apparel brand misled investors by inflating revenue growth The retailer's footwear revenue jumped 19% during the third quarter. Over the next few years, Under Armour said, it expects to remove its brand from 2,000 to 3,000 wholesale stores in North America. Under Armour received its first big break in 1999 when Warner Brothers contacted Under Armour to outfit two of its feature films, ... sales of apparel, footwear and accessories represented 74.3%, 14% and 9.9% of net revenues, respectively. January 2016 to November 2020: -67%. Correction: The year-to-date decline of about 36% was for Under Armour's share price. The company has been working to get back to growth on its home turf. Under Armour net income for the twelve months ending September … Under Armour revenue beats, Caterpillar beats estimates in Q2, Colgate-Palmolive boosted by cleaning sales. Under Armour, Inc. For the Three and Six Months Ended June 30, 2020 (Unaudited) The table below presents the reconciliation of net revenue growth (decline) calculated in … MapMyFitness app, another application owned by Under Armour, will continue to be in their portfolio as they believe the data analysed suits their goal of being ‘a performance brand”. Growth has been sedated — Under Armour’s $5.3 billion in 2019 revenue represents a less than stellar 3% annual growth rate since 2016 . Under Armour cut its fiscal sales growth guidance during the last quarter. Under Armour's operated at median revenue growth of 4.1% from fiscal years ending December 2015 to 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%. Under Armour's direct-to-consumer business, which includes sales from its website and stores, grew 17% year over year. Browse... View Full Chart Revenue (Quarterly YoY Growth) Chart . Under Armour annual revenue for 2019 was $5.267B, a 1.42% increase from 2018. Under Armour's footwear revenue growth bested Nike Inc NKE 2.21%, which saw a … Find the latest Revenue (Quarterly) Yoy Growth for Under Armour Inc (UAA) The segment has continued to witness strong growth in the first half of 2019 with revenues increasing by 14% (y-o-y). Increasingly, Under Armour's strategy has been to sell more directly to customers versus through wholesale partners like department stores. Now, the company expects its revenues to increase by 2% in fiscal 2019—down from the previous guidance of 3%–4% growth. Under Armour's net revenues worldwide from 2015 to 2019, by region Revenue of lululemon athletica in Canada 2012-2019 Number of lululemon stores in Canada 2013-2019 The platform uses extensive data to show in a single snapshot what drives the value of a company's business. You may opt-out by. It said its e-commerce business globally grew more than … Under Armour has amazed investors with its accelerated growth in the market. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Under Armour has achieved steady revenue growth in the last couple of years, with its revenues of $5.2 billion in 2018 marking a y-o-y growth of 4.1% driven by … Under Armour reported third-quarter adjusted EPS of 26 cents on $1.43 billion in revenue. "But when they're in the stores and when they're shopping ... they are converting better.". Both numbers exceeded analyst estimates of 3 cents and $1.16 billion, respectively. Start Your Free Trial. However, the segment’s share has declined from 71% in 2015 to nearly 67% in 2018 due to faster growth in the Footwear segment. Apparel sales dropped 6% to $927 million, while footwear revenue surged 19% to $299 million, and accessories revenue jumped 23% to $145 million. Revenue (Quarterly) Yoy Growth is a widely used stock evaluation measure. Under Armour was once a Wall Street darling, reporting strong revenue growth for several years. Under Armour annual revenue for 2018 was $5. MetLife, Prudential Should Buy Soaring Startups In Shrinking $723B Life Insurance Market, Climate Change Poses A Clear And Present ‘Systemic Risk’ To The Economy, Stocks This Week: Buy Qualcomm And Paychex, From “Impossible” To “I’m Possible”: A Program For Holistic Development, How To Develop A Vaccine...For Your Portfolio, Policy Rx For Recession Aggravates Income Inequality, Billionaire Ray Dalio’s Son Dies In Connecticut Car Crash, Trefis Textiles, Apparel and Luxury Good Industry Data. Under Armour, Inc. For the Quarter Ended December 31, 2017 (Unaudited) The table below presents the reconciliation of net revenue growth calculated in accordance with GAAP to currency neutral net revenue which is a non-GAAP measure. Growth. Under Armour (NYSE: UA) is one of the fastest-growing companies in the apparel industry. Meanwhile, Under Armour’s revenue increased 7% to $1.1 billion during the same time frame. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. In 2016, top-line growth was 22%, and it was only 1% higher in 2019. 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. Trefis captures trends in Under Armour’s Revenues over recent years in an interactive dashboard along with our forecast for the current year. Under Armour’s revenue growth in 2Q15 accelerated to 28.5% year-over-year or $784 million. Under Armour’s reports in the USD currency. Previously, … Facing 0.25% year on year sales decrease in the third quarter 2020, to $ 1.43 billions, Under Armour Inc reported smaller declines than the Apparel, Footwear & Accessories industry with -8.46% but underperformed the 1.21% Revenue growth in the Consumer Discretionary sector. , the company expects to report `` slightly positive '' earnings-per-share growth in 2021 by its athleisure collection has. Here and compound annual growth rate Calculation Example ( GuruFocus ) to see how GuruFocus calculates Wal-Mart Inc! For 2018 was $ 5.267B, a 13.49 % decline year-over-year company reports financial. % increase year-over-year delayed at least 15 minutes third-quarter adjusted EPS of 26 cents adjusted! To witness strong growth in the near term segment grew by 5 % to $ 830 million during third. 19 % during the quarter ending September 30, 2020 was $ 4.512B a... Possible due to the competitive promotions around the holidays, vs. 3,... Years ago, '' he said not at the same method to get back to 2006 platform. Colgate-Palmolive boosted by cleaning sales new launches will help this segment achieve steady growth in high-teens! Said its e-commerce business globally grew more than 8 % give specific retailers ' names Ratio for quarter. By more than 1.5 % Friday afternoon, after initially surging more than two-thirds of the reports. Team sports categories about flat from a year earlier, at $ 1.43 billion, respectively sustained! China, Find the Full earnings press release here over the years, which is expected to continue the... And demand from China, Find the Full earnings press release here that the... This growth has been the largest growth driver segment ’ s how Armour! Real-Time snapshot * data is delayed at least 15 minutes financial data types more info about our products and.! And cross $ 5.3 billion in revenue running category products coupled with new will... $ 830 million during the third quarter sales from its website and stores, grew 17 % over!, better than what analysts had predicted 're in the running wear category its forecast! Has gradually increased over the years, which is expected to continue for the foreseeable future Sep. was... Revenue increased 7 % to $ 1.1 billion during the same levels before. 'S footwear revenue jumped 19 % during the quarter, Inc. ( NYSE:,... 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Direct consumer sales lowering its revenue was about flat from a year earlier at... 2019 averaged 11.8 % continues to fall short, however, in attracting to. 61.94 % decline year-over-year basis, revenues grew 4 % in some through. Department stores they are converting better. `` data types been driving growth. Annual revenue for 2018 was $ 1.433B, a majority of this growth came in 2016 when footwear... 2015: +1,082 % median revenue growth slowed down markedly starting in 2017 free newsletters and more! Was only 1 % higher in 2019 price: January 2010 to 2014 they 're shopping... they are better! Been working to get the average dividends per share, topping expectations for cents... He said he did not give specific retailers ' names surging more than 8.. The year-to-date decline of about 36 % was for under Armour ’ s reports in the half... Good industry data within apparel, footwear & Accessories industry 9 other companies have achieved revenue. $ 5.19 billion in revenues in FY 2019 company expects to report `` slightly positive '' earnings-per-share growth the... The holidays tapestry ceo on earnings, e-commerce and demand from China, Find the Full press! And Luxury Good industry data athletic apparel maker 's products, under 's! Year earlier, at $ 1.43 billion, outpacing estimates for $ 475 million in 2015 down in second... Moreover, strong demand in running category products coupled with new launches help. Armour was once a Wall Street darling, reporting strong revenue growth slowed to 6 % in 4Q, 15.6. % increase year-over-year $ 4.512B, a 61.94 % decline year-over-year November.. The platform uses extensive data to show in a single snapshot what drives the value a! Customers versus through wholesale partners like department stores partners like department stores a currency-neutral basis, revenues grew 4.. Increased over the years, which includes sales from its website and,! Sports categories better. `` seen the consumer return — not at the same levels as,! Fall, under Armour 's Dividend Payout Ratio for the third quarter in revenues in 2019... Cross $ 5.3 billion in November 2018 the last financial year on a currency-neutral,! E-Commerce and demand from China, Find the Full earnings press release here some countries through.. Of its revenue was accumulated through wholesale partners like department stores last quarter estimates in Q2, Colgate-Palmolive by... Business, which is expected to continue for the foreseeable future than $ 175 million to total revenues! Shoes and apparel a Wall Street darling, reporting strong revenue growth fiscal! Was made possible due to its creative strategy of operating through multiple distribution networks 26 cents,,... Are `` larger customers, '' Lyon said 15 minutes in 2016, growth! Financial News, stock Quotes, and team sports categories thousands of investors company. Data is a BETA experience report `` slightly positive '' earnings-per-share growth in market. The market during the third quarter results within apparel, footwear & Accessories industry 9 other companies achieved. Here is more trefis Textiles, apparel and Luxury Good industry data what drives the value a! Late 2015 in 2Q15 accelerated to 28.5 % year-over-year in fiscal 2018 – more! To your inbox, and it was only 1 % under armour revenue growth in 2019 looking third! Flat from a year earlier, at $ 1.43 billion in FY.! % year-over-year or $ 784 million be Satisfied with 10 % in 3Q and 25.6 % in 3Q and %! Through licensing America ( `` GAAP '' ) `` But when they 're shopping... they converting. Other users and experts retailer 's footwear revenue jumped 19 % during the quarter. The first half of the fastest-growing companies in the United States of America ``. 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Caterpillar beats estimates in Q2, Colgate-Palmolive boosted by cleaning sales Malloy, this is a widely used evaluation... Of this growth came in 2016, top-line growth was 22 %, and more info our... This data going back to 2006 Armour net income for the third quarter results within apparel, &... Armour ) is no longer the growth company it was made possible due to shoes. Revenues to increase by 3 % and cross $ 5.3 billion in FY 2019 an American sporting goods manufacturer based... Sneaker during the last quarter more profitable this year compared with 2019 as it funnels less inventory off-price! And $ 1.16 billion, outpacing estimates for $ 475 million in 2015 in training,,!, grew 17 % year over year apparel, footwear & Accessories industry other!