Under Armour Inc. will report fourth-quarter financial results pre-market Tuesday. Analysts largely expect the quarterly report and the 2019 forecast to be inline with the forecasts provided at the company’s December 12th investor day in which they disappointed investors by forecasting low-single-digit-sales growth in North America over the next five years.
But that didn’t stop the stock from rising 17% in January, even received an upgrade from Goldman Sachs on January 22nd with a price target of $28. However, did the price rise to fast in too short of a span?
Analysts will be paying close attention to what Under Armour footwear sales and
Playing Both Sides Of Under Armour
February 12, 2019
Published by timm



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