Under Armour has delivered over 20% topline growth for a remarkable 24 consecutive quarters. Investors will be looking for UA to continue this streak with its upcoming earnings, and missing this mark could certainly impact the stock in the short term.
Key Segments to Watch in Q2:
-Footwear Sales Growth
-Women’s Apparel Sales Figures
-International Expansion Growth
-Curry 2 and 2.5 Shoe Line Demand and Potential Future Models Released
-Full year Guidance
While UA’s women’s apparel segment has been showing negative growth, this figures could likely be offset by Under Armour’s rapidly growing footwear business as well as international expansion the company has rolled out.
Under Armour, coming off their ‘Chef’ Curry 2 Low release that sold well despite being heavily criticized for their style on the Internet. The company has received a similar reaction with its latest Curry release, a casual off the court shoe dubbed the Curry ‘Lux’.
If the new model does sell well amid all the negativity the product is receiving, it likely indicates that the haters opinions are irrelevant from a sales perspective, as Under Armour continues to exceed expectations.