Under Armour's 5 Biggest Growth Opportunities
Apparel and footwear company Under Armour (NYSE: UA)(NYSE: UAA) has depended heavily on the growth engine that got the company its start: athletic apparel for men sold through wholesale partners in the U.S. With it's 26-quarter streak of 20%-plus revenue growth at an end, the company is looking for other avenues for growth. But the company doesn't have to innovate or get into businesses it's not already in. Opportunities in international, athleisure, footwear, e-commerce, and women's wear provide plenty of opportunity for the company to get it's mojo back.
Read on for details on each of these important growth areas.
Under Armour athletes (left to right): Kelley O'Hara, Tom Brady, Stephen Curry, Bryce Harper, and Natasha Hastings. Image Source: Under Armour
Source: Fool.com
Under Armour Inc. A Stock
The community is currently still undecided about Under Armour Inc. A with 1 Buy predictions and 1 Sell predictions.
As a result the target price of 8 € shows a slightly positive potential of 16.4% compared to the current price of 6.87 € for Under Armour Inc. A.
