Under Armour makes great stuff which I buy. However, the earnings are just not there to buy this right now.
I prefer KORS in this space as it has better earnings and half the multiple. This one will get a haircut eventually, and I do not want to own it when it does.
KORS P/S multiple is higher than UA. Which metric do you find to have more meaning? I find that the revenue growth has the most importance in this stage. While I don't want to see UA's P/E continue expanding at the rate that it has, I can't argue with the revenue growth and the large potential there is for that to continue growing over the next couple of years. If that trajectory would change, then there's more reason to worry.