Under Armour case study – We read the news for you

Under Armour, Inc. (UAA) jumped 17% on 02/13/18: This is why

 

Under Armour, Inc. (UAA) jumped based on the bullish news related to total revenue in the fourth quarter climbed 5 percent to $1.37 billion. Analysts were expecting $1.31 billion, according to a Thomson Reuters survey. Sales in international markets climbed 47 percent, representing 23 percent of total sales.

The company reported a net loss of $88 million, or 20 cents a share, compared with net income of $103 million, or 23 cents per share, a year ago. The company had incurred a one-time charge of $39 million in the quarter due to new U.S. tax legislation.

finviz dynamic chart for  UA

“After years of rapid growth and building a globally recognized brand, the dynamic landscape of 2017 was a catalyst for us to begin strategically transforming Under Armour into an operationally excellent company,” said Under Armour Chairman and CEO Kevin Plank. “A year into this journey, our fourth quarter and full year results demonstrate that the tough decisions we’re making are generating the stability necessary to create a more consistent and predictable path to deliver long-term value to our shareholders.”

For 2018 the company expects net revenue to be up at a low single-digit percentage rate reflecting a mid-single-digit decline in North America and international growth of greater than 25 percent. The gross margin is expected to increase approximately 50 basis points to 45.5 percent due to benefits from lower planned promotional activity, product costs, channel mix and changes in foreign currency.

PR Newswire 

Why are we Bullish on the new: Sales in international markets climbed 47 percent, representing 23 percent of total sales. The stock has been impacted by the bullish news and jumped by 17%. We provide a Bullish short-term news signal on Feb 13

Want to receive our case studies by email or WhatsApp? Sign to our daily case studies and received them via Email and/or WhatsApp

Jordan Mizrahi

(Views and recommendations given in this section are for research purposes only. Please consult your financial adviser before taking any position in the stock/s or currencies mentioned.) Neither First to invest. nor any of its officers, employees, representatives, agents or independent contractors are, in such capacities, licensed financial advisors, registered investment advisers or registered broker-dealers. First to invest does not provide investment or financial advice or make investment recommendations. Nothing contained in this communication constitutes a solicitation, recommendation, promotion, endorsement or offer by First to invest of any particular security, transaction or investment. Our goal as publishers of financial information is to provide research and analysis of investments to our subscribers

We read the news for you – News signals based on bullish and bearish news

Up-to-the-minute access to the news that matters, that moves markets. Our news signals are delivered when important news happens in real-time. Coverage of companies, markets, economies, currencies, and commodities ensure that you get the information you need when you need it most

Providing news signals based on big data and text analysis of bullish and bearish news. The news indicator is not based on price, which is completely opposite the one the industry use, test it for yourself. We use big data, to aggregate more than 12,000 news items per day in real-time 24/7. Next, we filter the news using text and sentiment analysis of bullish and bearish keywords and phrases. It’s taken us less than a minute from the news release, analyze the news and send it. 

READ MORE

By | 2018-02-13T10:38:31+00:00 February 13th, 2018|case studies, Uncategorized|Comments Off on Under Armour case study – We read the news for you