Topic: How To Invest

Hello, Pat. Can I get your thoughts on Under Armour? Thanks.

Article Excerpt

Under Armour Inc., $78.59, symbol UA on New York (Shares outstanding: 213.9 million; Market cap: $17.0 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 74% of its revenue, followed by footwear (14%) and accessories (9%). It gets the remaining 3% 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 National Basketball Association, as well as soccer teams in Europe and South America. In 2014, Under Armour’s sales jumped 32.3%, to $3.1 billion from $2.3 billion in…