draft a ratio and industry average for under armour

Question

David · Accepted Answer

Under Armour Inc.
Under Armour Inc. (Ticker Symbol: UA) 
Executive Summary
Under Armour Inc. 
Executive Summary
 Under Armour Inc. is an American company that manufactures sports, footwear and casual T 
shirts. It started in 1996 by Kelvin Plank, a 23 year old former University of Maryland  special teams 
captain. Under Armour today has around 1900 employees and its main headquarters is at Baltimore 
Maryland. Kelvin Plank, introduced this company to manufacture branded sportswear and accessories.  
The main competitors to Under Amrour are Nike and Adidas.  
 The company has experienced a high growth in past ten years. It has made Adidas second most 
popular sportswear company. The company’s sale has grown tremendously over the past decade with 
the company increasing its product offerings in a bid to diversify. The company’s unique selling is its 
sweat wicking shirts. The company had a great marketing strategy and also has been benefited by 
associating with the great sports personalities. The company has recently endorsed with great golf 
player Jordan Speith who had won the Masters and US Open golf tournaments. These successes have 
helped the company to strengthen and mark its position globally. The company has been expanding its 
operation all over the globe. Due to elite partnership with sports player; the company has gained 
importance with athlete in Japan, China, Canada and Europe.  Today the company has been widely 
recognized as a global player in footwear, apparel and accessories with the revenue approaching $2 
Billion.  
The assets reported on Consolidated Balance Sheet as of 3.64 Billion as on year ending December 2016. 
The total revenue in the year 2016 was 4.83 Billion with a reported Net Income of 256.98 Million. Under 
Armour’s current stock price as on the close of 31st March 2017 is $19.78. It has the highest stock price 
of April 7 2016 of $85.97. There had been a huge fall in the share price of the company on April 11 2016 
due to the announcement of changes in the management. Since then, the stock is fluctuating between 
$20 to per share.

draft a ratio and industry average for under armour

Solution

Answer To This Question Is Available To Download

Related Questions & Answers

Submit New Assignment