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February 21, 2014
09:54 EDTUAUnder Armour extends partnership with U.S. Speedskating through 2022
Under Armour and U.S. Speedskating announced earlier an eight-year extension of their initial partnership, which had been set to expire this year. As part of the agreement, which Under Armour said represents the brand's largest and most comprehensive commitment to the sport, the company will remain as the National Team's exclusive competition suit provider through December 31, 2022. Under Armour noted it currently has uniform-exclusivity agreements with three National Governing Bodies, including USA Bobsled and Skeleton, USA Gymnastics and Canada Snowboard.
News For UA From The Last 14 Days
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October 7, 2015
07:38 EDTUAUnder Armour price targe raised to $116 at Citi
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September 29, 2015
15:47 EDTUANike to face competition for University of Texas apparel deal, Bloomberg says
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September 24, 2015
19:52 EDTUAAthletic footwear stocks higher after Nike's earnings report
Athletic footwear makers Skechers USA (SKX) and adidas (ADDYY), sports apparel maker Under Armour (UA), and shoe retailers Foot Locker (FL) and Finish Line (FINL) were all higher in after-hours trading after Nike (NKE) reported better-than-expected first quarter results. WHAT'S NEW: After the bell, Nike reported Q1 earnings per share and revenue of $1.34 and $8.4B, respectively, versus analyst expectations of $1.19 and $8.22B. The company added that it saw mid-single digit revenue growth in both the second quarter and for fiscal year 2016, as well as Q2 gross margins expanding by 25 bps and FY16 gross margins expanding by 50 bps. PRICE ACTION: Nike rose about 8% in after-hours trading, while Skechers USA gained just over 2%, adidas rose fractionally, Under Armour was higher by 2%, Foot Locker gained 1.5%, and Finish Line was up almost 6%.

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