|Bid||16.60 x 800|
|Ask||16.79 x 1100|
|Day's Range||16.64 - 17.02|
|52 Week Range||7.15 - 21.96|
|Beta (5Y Monthly)||1.04|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Under Armour, Inc. (NYSE: UA, UAA), a global leader in branded athletic performance apparel, footwear and accessories, today announced that it has entered into a definitive agreement to sell the MyFitnessPal platform to Francisco Partners.
Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the third quarter ended September 30, 2020. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America ("GAAP"). This press release refers to "currency neutral" and "adjusted" amounts, which are non-GAAP financial measures described below under the "Non-GAAP Financial Information" paragraph. References to adjusted financial measures exclude the impact of the company's 2020 restructuring plan and related impairment charges, impairments associated with certain long-lived assets and goodwill and related tax effects, and with respect to certain measures, the non-cash amortization of debt discount on the company's convertible debt, deal-costs related to the pending sale of MyFitnessPal and related tax effects. The reconciliation of non-GAAP amounts to the most directly comparable financial measure calculated according to GAAP is presented in supplemental financial information furnished with this release. All per share amounts are reported on a diluted basis.
Under Armour, Inc. (NYSE: UA, UAA) plans to release the results of its third quarter (ended Sept. 30) on Oct. 30, 2020 at 6:55 a.m. Eastern Daylight Time (EDT). Following the news release, Under Armour management will host a conference call at approximately 8:30 a.m. EDT to review results.