Topic: How To Invest

Pat: Can I have your recommendation on the brand basketball player Steph Curry wears, Under Armour? Thanks.

Article Excerpt

A: Under Armour Inc., $39.50, symbol UA on New York (Shares outstanding: 437.3 million; Market cap: $16.5 billion; www.underarmour.com), designs and markets athletic clothing, shoes and accessories for men, women and children. It outsources its manufacturing to suppliers in China, Vietnam, Indonesia and other countries. Under Armour mainly sells its gear through general retailers, sporting goods stores, company-owned outlets and online. Clothing supplies 62% of its revenue, followed by footwear (25%) and accessories (9%). The remaining 4% is divided equally between Connected Fitness, its digital health and fitness community, and by licensing its brands to other companies. Most of Under Armour’s products use fabrics that wick away sweat from the skin. That makes them more comfortable and reduces their weight. Thanks to these features, the company has deals to supply uniforms and other products to several professional sports leagues, including Major League Baseball, the National Football League and the …