Fairfax Financial buys Under Armour (UA) shares worth $49.7 million By Investing.com
Fairfax Financial Holdings and WATSA V PREM ET AL, both ten percent owners of Under Armour, Inc. (NASDAQ:UA), recently acquired an additional $49.7 million worth of Class C Common Shares. These purchases, occurring over three separate days in January 2026, increased their indirect holdings to 18,064,622 shares. This news follows Under Armour's unexpected positive earnings report for Q2 2025, despite a recent CreditWatch with negative implications from S&P Global Ratings due to operational challenges.
Consumer Cyclicals: Firms Prioritizing Value Proposition Enhancements and Innovation Can Thrive Amid Headwinds
Amid persistent economic headwinds, consumer cyclical firms face dampened spending and confidence, yet those focusing on value, innovation, and omnichannel accessibility are expected to succeed. Morningstar highlights Spin Master and Under Armour as attractive investment opportunities, with Bath & Body Works also deeply discounted. These companies are implementing strategies like disciplined pricing, new product development, and supply chain improvements to navigate the challenging market.
Warren Buffett Of Canada Bets Big On Under Armour: Is UA Stock Really Turning The Corner?
Prem Watsa, often called the "Warren Buffett of Canada," has significantly increased his stake in Under Armour Inc (NYSE: UA) by over 560%, making it nearly 10% of Fairfax Financial Holdings' portfolio. This move suggests Watsa views Under Armour as undervalued and sees limited downside, indicating a long-term turnaround bet rather than a short-term trade. While Under Armour still faces challenges, Watsa's substantial investment signals that institutional investors believe the risk-reward profile for the company has shifted favorably.
Under Armour (UA) jumps 14% as large investor boosts stake
The article reports that Under Armour's stock (UA) surged by 14% following news that a significant investor increased their stake in the company. This suggests increased investor confidence, leading to a positive market reaction for the athletic apparel brand.
Under Armour (NYSE: UA) director discloses Class C stock unit award
Under Armour director David W. Gibbs reported an equity award of 5,670.61 Class C common stock shares on January 2, 2026, as deferred stock units under the company's Fiscal Year 2025 Non-Employee Director Compensation Plan. Following this grant, Gibbs directly owns 167,921.74 Class C shares and indirectly owns an additional 50,000 shares through a trust. The report clarifies that he does not beneficially own any Class A common stock.
Under Armour (UA) director reports 5,424 Class C stock units in Form 4
Under Armour, Inc. director Dawn N. Fitzpatrick reported the acquisition of 5,424.06 shares of Class C common stock on January 2, 2026. These shares were deferred as stock units under the company's Fiscal Year 2025 Non-Employee Director Compensation Plan, with a stated price of $0. Following this transaction, Fitzpatrick beneficially owns 175,429.96 shares of Class C common stock directly, with no beneficial ownership of Class A Common Stock (UAA).
Under Armour (UA) Jumps 14% as Large Investor Boosts Stake
Under Armour Inc. (NYSE:UA) saw its stock price jump 14.44% to a four-month high after Fairfax Holdings, a major Canadian financial services firm, significantly increased its stake in the company. Fairfax acquired over $67 million worth of additional Class A and Class C shares through a series of transactions in late December. This increase in investor confidence comes despite Under Armour reporting a net loss in the second quarter of fiscal year 2026, though some analysts suggest AI stocks offer greater promise.
Under Armour, Inc. Class C Common Stock (NY: UA)
This article provides recent news headlines related to Under Armour, Inc. Class C Common Stock (NYSE:UA), including an upgrade from Atlantic Equities, its Q1 earnings performance, and mentions of its stock movement alongside other consumer discretionary stocks. It also includes general market news and lists of companies hitting 52-week highs and companies scheduled to report earnings.
Under Armour Shares Surge as Major Investor Boosts Holdings
Under Armour Inc. Class C stock (NYSE: UA) surged by 6.04% due to increased consumer interest and strategic collaborations, including a substantial acquisition by a major investor, V. Prem Watsa. Despite challenges like negative profitability margins, the company's gross margin of 47.4% and recent S&P 600 inclusion suggest cautious optimism for future growth and stability. Technical analysis indicates potential for continued upward momentum, advised by entry at support levels around $4.80.
Under Armour Stock Surges After Large Insider Purchase
Under Armour's stock is surging after revealing that Fairfax Financial Holdings significantly increased its stake in the company. Fairfax purchased 15.68 million shares between December 22 and 29, raising its beneficial ownership to 16.1% of Under Armour's Class A float. This large, above-market accumulation, especially near the stock's 52-week low, is seen as a strong vote of confidence in the company's turnaround plan.
PRESS RELEASE
Under Armour, Inc. announced that its Board of Directors has authorized a share repurchase program of up to $500 million of its Class C common stock, effective immediately. This program is seen as an opportunity to deploy cash and enhance shareholder value while maintaining financial flexibility for future investments. Repurchases will occur over the next two years, with timing and terms determined by management based on various market and corporate factors.
Under Armour's Q2 Earnings Beat Mark, E-Commerce Revenues Dip 8% Y/Y
Under Armour (UA) reported its second-quarter fiscal 2026 results, with both top and bottom lines surpassing Zacks Consensus Estimates despite year-over-year declines in revenues and earnings. The company's e-commerce revenues dipped 8% year-over-year, and its shares fell nearly 5% in pre-trading hours due to a soft fiscal 2026 outlook. Management noted encouraging signs in brand momentum across North America, indicating progress in its strategic turnaround efforts.
Under Armour director Fitzpatrick buys $493,000 in stock
Under Armour director Dawn N. Fitzpatrick purchased 100,000 shares of the company's Class C Common Stock for $493,000. This transaction occurred on August 13, 2025, with the stock trading near its 52-week low. The company recently reported a Q1 2025 earnings and revenue miss, leading to a drop in its stock price.
UNDER ARMOUR ANNOUNCES SECOND QUARTER FISCAL 2026 EARNINGS CONFERENCE CALL DATE - Barchart.com
Under Armour, Inc. announced the date for its second quarter fiscal 2026 earnings conference call. The company will release its financial results on November 6, 2025, with a conference call scheduled for 8:30 a.m. ET on the same day. This call will be webcast live and archived for investor access.
Under Armour’s chief accounting officer buys $9,999 in stock
Under Armour's Chief Accounting Officer Eric J. Aumen purchased 2,045 shares of Class C Common Stock for approximately $9,999, bringing his direct ownership to over 91,795 shares. This transaction occurred as the stock trades near its 52-week low, and comes shortly after Under Armour reported Q1 2025 earnings that missed analyst expectations for both EPS and revenue. InvestingPro analysis suggests the stock is undervalued despite recent performance challenges.
What Alice Hartley is up against as Nike’s new circularity director
Alice Hartley has been appointed as Nike's new director of waste and circularity, bringing extensive experience from Gap Inc. and Under Armour. She faces the challenge of integrating circular economy principles into Nike's core business amidst recent staff shake-ups and the company's mixed track record on sustainability, which includes validated short-term net-zero goals but limited integration of circular innovations into mainstream products. Hartley's role involves navigating Nike's complex organizational structure to advance its circularity agenda.
Under Armour, Inc. SEC 10-K Report
Under Armour, Inc. has released its Fiscal 2025 Form 10-K report, revealing a 9.4% decrease in net revenues to $5,164.3 million and a net loss of $(201.3) million. The report details strategic initiatives including a 2025 restructuring plan and growth through direct-to-consumer and wholesale channels, while also outlining challenges from economic downturns, operational risks, and regulatory changes.
Under Armour Reports Fourth Quarter Fiscal 2025 Results
Under Armour, Inc. reported its financial results for the fourth quarter and full fiscal year 2025, ending March 31, 2025. The company experienced revenue declines across most categories and regions for both the quarter and the full year, alongside a net loss. However, gross margins improved due to supply chain benefits and reduced discounting, and management is implementing a strategic reset aimed at reigniting brand relevance and achieving sustainable, profitable growth.
Where Dawgs Are Made: Kelsey Plum Hosts Third Annual Dawg Class
Under Armour and two-time WNBA Champion Kelsey Plum recently hosted the third annual Dawg Class in Phoenix, an elite training and mentorship experience for collegiate female basketball guards. The three-day event, part of Under Armour's UA Next platform, focused on both on-court drills and off-court growth, including leadership sessions and discussions on navigating professional transitions. Top players like Georgia Amoore and Jaloni Cambridge participated, with KK Arnold named "Top Dawg."
Sharon Lokedi Returns to The Boston Podium
Under Armour athlete Sharon Lokedi won the 2025 Boston Marathon in a new course record of 2:17:22, her fourth podium finish in her last six races. She achieved this victory using Under Armour's UA Velociti Elite 3, a marathon shoe that will be released to consumers in Fall 2025. Lokedi emphasized the importance of disciplined training, mental resilience, and the support from her team and Under Armour's performance gear in her success.
Under Armour signs world-class right-back Achraf Hakimi
Under Armour has signed Paris Saint-Germain and Morocco National Team right-back Achraf Hakimi, expanding its roster of young football athletes in EMEA. This partnership aims to boost Under Armour's presence in the French market, where it has seen significant growth. Hakimi will wear the brand's Shadow Elite 3 boots and performance apparel, and an unveil film has been launched to mark the collaboration.
Consumer Cyclicals: Prospects Remain, Even Amid Near-Term Uncertainty
The Morningstar US Consumer Cyclical Index declined in the first quarter of 2025, with more than half of the sector now undervalued, particularly in travel and leisure and apparel. Despite investor concerns about consumer financial burdens, data suggests resilience, with low-income households decreasing and cruise deposits rising. Morningstar highlights Kohl's, Polaris, and Under Armour as attractive investment opportunities due to substantial discounts to their fair values.
DEEP RANGE, BIG DREAMS: ELI ELLIS JOINS THE UNDER ARMOUR FAMILY
Under Armour has officially announced a NIL partnership with high school basketball star Eli Ellis, known for his sharpshooting and relentless work ethic. This collaboration will extend into his collegiate career at the University of South Carolina, an Under Armour school. Ellis, a two-time Overtime Elite league MVP, joins an elite roster of athletes and will be featured in the "Let Them Talk" campaign with RDCWorld, emphasizing Under Armour's commitment to empowering the next generation of hoopers.
Under Armour Debuts “Let Them Talk” Campaign in partnership with RDCWorld
Under Armour has partnered with video creator collective RDCWorld to launch "Let Them Talk," a new video content series showcasing athletes who use outside noise as motivation. The campaign merges RDCWorld’s sketch comedy style with the intensity of basketball culture, featuring athletes like the University of South Carolina women’s basketball team and high school sharpshooter Eli Ellis. It aims to highlight how athletes channel criticism into fuel for performance and is rolling out across various digital platforms.
BDT & MSD Partners Invest in Under Armour
BDT & MSD Partners, through funds managed by BDT Capital Partners, purchased approximately 16 million Class C shares of Under Armour stock from Executive Chair and Brand Chief Kevin Plank, valued at about $100 million. This transaction allows Plank to fulfill a personal financing commitment while bringing in a long-term, founder-supportive firm. Plank remains Under Armour's largest shareholder with approximately 12% of the company's stock and 65% of voting control.
Under Armour Announces Stephanie Linnartz as President and CEO
Under Armour announced the appointment of Stephanie Linnartz, formerly president of Marriott International, as its new President, CEO, and a member of its Board of Directors, effective February 27, 2023. Kevin Plank, Under Armour's Executive Chair, highlighted Linnartz's extensive experience in brand strategy, omnichannel execution, and driving consumer loyalty from her 25-year career at Marriott. Colin Browne, who served as interim President and CEO, will resume his role as Chief Operating Officer.
XFL and Under Armour Announce Exclusive Uniform Partnership
The XFL announced an exclusive uniform partnership with Under Armour for its 2023 season, revealing the home and away uniforms for all eight teams. Under Armour will provide all on-field uniforms and training apparel, designed in collaboration with XFL ownership to reflect team identities and incorporate the "Blood, Sweat, Respect" mantra. This partnership builds on the long-standing relationship between Under Armour and XFL owners Dany Garcia and Dwayne Johnson, aiming to enhance player performance and team branding.
Rebel Sport and Foot Locker recall range of Under Armour sneakers nationally due to serious health risk
A national recall has been issued for 20 varieties of Under Armour HOVRTM and FLOW running shoes sold at major retailers due to a serious health risk. The footwear contains a button battery in the right shoe without a clear warning, posing ingestion and choking hazards to young children. Consumers are advised to contact Under Armour Australia for warnings and information on their consumer guarantee rights.
STOCK INFORMATION
Under Armour provides comprehensive stock information, including details on its two classes of publicly traded common stock, UAA (Class A) and UA (Class C), listed on the New York Stock Exchange. The article offers current share prices, historical stock charts, and information on stock splits and dividends. It also includes past financial results and announcements, such as the CEO transition in June 2022 and quarterly earnings reports from 2018.
Introducing UA SlipSpeed, Under Armour’s Most Versatile Training Shoe Designed for Athletes
Under Armour has launched the UA SlipSpeed shoe, a versatile training shoe designed to meet athletes' needs for both performance and recovery. It features a convertible heel design, UA Flow and Iso-Chill technologies, and the BOA® Fit System, offering comfort, support, and adaptability. The shoe is machine washable and aims to provide athletes with a single solution for various activities.
Under Armour Appoints David Baxter and Mehri Shadman to its Executive Leadership Team
Under Armour, Inc. announced the appointment of David Baxter as President of the Americas and Mehri Shadman as Chief Legal Officer and Corporate Secretary, effective October 24, 2022. Baxter succeeds Stephanie Pugliese, while Shadman takes over from John Stanton, who is retiring. These appointments aim to leverage their deep market knowledge and expertise to drive the company's next growth chapter.
The Glass Half Full Market: Earnings Misses Are Getting More of a Pass
Despite overall unimpressive second-quarter earnings, investors are rewarding companies, even those that missed estimates, indicating a "glass half full" market psychology. Companies that missed estimates saw their shares rise on average, a stark contrast to previous quarters. This shift is attributed to market sentiment that is "better than feared" and increased confidence from company executives in their guidance causing investors to be more willing to reward positives and pass over negatives.
Kevin Plank sells $27M worth of Under Armour stock
Kevin Plank, the founder of Under Armour, has sold $27 million worth of the company's stock as part of a pre-arranged plan to divest 5 million shares. These sales occurred shortly after Under Armour announced strong third-quarter earnings that surpassed Wall Street expectations.
UNDER ARMOUR APPOINTS MASSIMO BARATTO AS CHIEF CONSUMER OFFICER
Under Armour, Inc. announced the appointment of Massimo Baratto as Executive Vice President, Chief Consumer Officer, effective November 1st. Baratto previously served as Managing Director of the company’s Europe, Middle East, and Africa (EMEA) region and will now oversee global marketing, eCommerce, and retail. Kara Trent will succeed Baratto as Senior Vice President/General Manager of EMEA, while current Chief Marketing Officer Alessandro de Pestel will depart in February 2022.
UMD ATHLETICS EXTENDS PARTNERSHIP WITH UNDER ARMOUR THROUGH 2028
The University of Minnesota Duluth (UMD) Athletics has announced an extension of its partnership with Under Armour and Universal Athletic through 2028. This agreement ensures that Under Armour will continue to be the official outfitter for UMD's 16 varsity sports, providing competition and training gear for student-athletes, coaches, and staff. The partnership, which began in 2013, also includes marketing assets and highlights UMD's success both athletically and academically.
Kevin Plank plans to sell up to 5 million shares of Under Armour stock
Under Armour founder Kevin Plank plans to sell up to 5 million of his non-voting shares in the company. The sale is being undertaken for "asset diversification, tax and estate planning purposes." This move comes as Under Armour has seen significant changes, including swings to profit and sales doubling in the second quarter.
YUM! BRANDS CEO DAVID GIBBS APPOINTED TO UNDER ARMOUR BOARD OF DIRECTORS
David Gibbs, CEO of Yum! Brands, Inc. (NYSE: YUM), has been appointed to the Under Armour (NYSE: UA, UAA) Board of Directors, effective September 1, 2021. Gibbs brings extensive experience in global brand management, retail, international operations, and driving shareholder returns, which Under Armour Executive Chairman Kevin Plank believes will be a tremendous resource for the company's growth objectives. Having served as Yum! Brands' CEO since January 2020 and holding various leadership positions during his 32-year tenure, his expertise is expected to significantly benefit Under Armour's strategic direction.
Curry 8 “Golden Flow”
The article announces the release of the Curry 8 “Golden Flow” sneaker, emphasizing its connection to excellence and community impact. Curry Brand is partnering with the Positive Coaching Alliance to support youth sports coaches and leaders, starting in Oakland and expanding nationally. The initiative includes recognizing community leaders with exclusive "24k" Curry Flow 8s and grant funding to continue their work.
As Young Athletes Struggle To Compete During Pandemic, Under Armour Makes Sure They Can Still Play Responsibly
Under Armour is donating over 35,000 UA SPORTSMASKs to young athletes globally to help them train responsibly during the COVID-19 pandemic. This initiative aims to support their physical activity and mental health, as competition cancellations have led to increased anxiety and depression among high school athletes. The company is partnering with pro athletes like Stephen Curry and Anthony Joshua for local distribution, demonstrating a continued commitment to investing in youth sports.
FURTHER, FASTER, BETTER - TOGETHER
Under Armour introduces Dark Sky Distance, a new elite professional running team based in Flagstaff, Arizona, composed of middle and long-distance runners with championship aspirations. The team, coached by Shayla Houlihan and Stephen Haas, leverages Flagstaff's ideal training conditions and the proven success of group dynamics in distance running. This initiative aims to further Under Armour's mission of making athletes better and involves the athletes in the development of new running spikes.
Under Armour Sails to Sydney
Under Armour is expanding its retail presence in Australia by opening its first Brand House in Sydney's Macquarie Centre on July 25, 2020. This new store will be the fourth Brand House in Australia, showcasing footwear and apparel innovations like UA HOVR™, UA RUSH™, and UA RECOVER™ collections. The company emphasizes athlete and customer safety in line with COVID-19 guidelines.
HOW UNDER ARMOUR IS WORKING THROUGH COVID-19
This article details Under Armour's response to the COVID-19 pandemic, including opening facilities for vaccine administration, combating fraudulent medical supplies, canceling events, funding educational initiatives, and implementing health and safety protocols for store reopenings. It also covers the company's financial actions and support for manufacturers and healthcare workers during the crisis.
My Way Through
Mick Schumacher shares his personal philosophy on winning and losing, emphasizing that setbacks are crucial for learning and improvement. He recounts his journey in racing, from go-karts to Formula 1 aspirations, highlighting the importance of hard work and self-belief. Schumacher also discusses his rigorous physical training regimen, supported by Under Armour, and his readiness for the challenges ahead in his career.
UNDER ARMOUR FIRST QUARTER 2020 RESULTS AND EFFORTS TO MANAGE THROUGH IMPACTS OF COVID-19
Under Armour announced its first-quarter 2020 financial results, revealing a 23% revenue decrease to $930 million due to the COVID-19 pandemic, which significantly impacted sales across all markets since mid-March. The company reported a net loss of $590 million and is implementing a restructuring plan and cost management initiatives to protect its financial stability amidst the global crisis. Despite store closures and an uncertain outlook, Under Armour is focused on managing liquidity, preserving cash, and adapting its business operations while prioritizing the health of its employees and consumers.
Project Rock Through The Work
Dwayne Johnson is leading the charge with his latest Project Rock collection, "The Work," emphasizing that success comes through effort. This new collection features gym-focused apparel with UA Charged Cotton and a new colorway for the PR2 Training Shoe with HOVR technology, catering to men, women, and youth. Endorsed by Lindsey Vonn, the collection became available on February 20, 2020, through UA.com, UA Brand Houses, and DICK’S Sporting Goods.
UNDER ARMOUR REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS
Under Armour reported its unaudited financial results for the fourth quarter and full fiscal year ended December 31, 2019. The company saw revenue increases but also faced ongoing demand challenges and announced a potential 2020 restructuring initiative to improve profitability and cash flow. The 2020 outlook includes an estimated negative impact from the coronavirus outbreak in China and a projected decline in North American revenue.
THE ONLY WAY IS THROUGH
Under Armour introduces its 2020 global brand platform, "The Only Way Is Through," emphasizing dedication and perseverance in athletic achievement with the support of Under Armour technology. The campaign features a diverse roster of athletes and includes a podcast and experiential events to inspire individuals to push their limits.
Under Armour Bringing the 410 to the 416
Under Armour is opening its first Canadian Brand House in Toronto on October 25, 2019, connecting the Baltimore-based sportswear brand with the Canadian market. The flagship store in the Toronto Eaton Centre will showcase the latest innovations, including UA HOVR footwear and UA RUSH and UA Recover apparel, aiming to inspire Canadian athletes. This expansion underscores Under Armour's mission to make athletes better by providing performance solutions tailored to the local market.
Under Armour Founder Kevin Plank to Step Down as C.E.O. (Published 2019)
Kevin Plank, the founder of Under Armour, is stepping down as CEO but will remain with the company as executive chairman and brand chief. The struggling sportswear giant, which has faced faltering revenues and controversies, announced the change as it seeks to revitalize its business. Under Armour's stock has significantly declined since its 2015 peak, contrasting with the strong growth of rivals like Nike and Adidas.
Under Armour Founder Kevin Plank Steps Aside as CEO
Under Armour founder Kevin Plank is stepping down as CEO at the end of the year, handing the leadership role to current chief operating officer Patrik Frisk. Mr. Plank, who started the sportswear company in 1996, will remain with the company as executive chairman and brand chief. This change comes as the company looks to turn around its performance.
