Under Armour - Strong financial results and strategic steps for a better future
- Gross margin $UAA+1.8%:
- Q4 fiscal year 2024: Increased 1.7% to 45%.
- Full fiscal year 2024: Increase to 46.1%, an improvement of 1.3%.
- Causes of improvement: Reduction in product and transportation costs due to supply chain improvements.
- Negative factors: Exchange rate effects and increased...
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The products are great, but as an investment, it doesn't appeal to me. If I had to pick something from this industry, it would be $NKE+1.6%, but I recently sold that one too.