Who owns most of Under Armour?

Kevin Audette Plank (born August 13, 1972) is an American billionaire businessman and philanthropist. Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. As of October 2021, his net worth was estimated at US$1.8 billion.

Who is Under Armour owned by?

Founder Dominance: Under Armour is primarily owned and controlled by its founder, Kevin A. Plank, who holds a significant portion of the company's shares and has a majority of the total voting power. This founder dominance gives Plank significant influence over the company's direction and decision-making.

How much stock does Kevin Plank own of Under Armour?

Plank retains about 51 million combined Class A, B and C shares, which represents about 12% of Under Armour's stock and 65% of its voting control. Plank said he has no plans to sell additional shares.

Which company is bigger Nike or Under Armour?

On the other hand, Under Armour has been able to add roughly $1.3 billion to total revenues, growing at an average annual rate of 9.4%. However, Nike is much bigger than Under Armour. Nike's total revenue in 2018 stood at $39 billion - almost 7.5 times more than Under Armour's $5.2 billion.

Is it OK to wear Nike with Under Armour?

Sure! Matching different brands of clothing and shoes is a common way of fashion matching. Both Under Armor and Nike are well-known sports brands whose products are widely recognized for their quality and performance.

Under Armour - The Rise and Fall...And Rise Again

Is adidas bigger than Under Armour?

adidas's brand is ranked #58 in the list of Global Top 100 Brands, as rated by customers of adidas. Their current market cap is $5.62B. Under Armour's brand is ranked #231 in the list of Global Top 1000 Brands, as rated by customers of Under Armour. Their current market cap is $9.34B.

Is Kevin Plank a billionaire?

Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. As of October 2021, his net worth was estimated at US$1.8 billion. Kensington, Maryland, U.S.

Who is the CEO of under armor?

Stephanie Linnartz is the President and Chief Executive Officer at Under Armour, one of the world's leading athletic performance brands. Under Armour does business in more than 100 countries and has over 1,800 UA-branded stores around the world.

Who is the next CEO of Under Armour?

That was Under Armour's closing stock price the day I met with Stephanie Linnartz, the company's new CEO. A 25-year veteran of Marriott, Linnartz stepped into the role at the end of February of this year. She became the company's third CEO appointed in four years.

What was the downfall of Under Armour?

Under Armour's decline can be attributed to a series of issues including declining sales, executive turnover, failed acquisitions, and federal investigations into dodgy accounting. Under Armour's success led to arrogance and complacency, ultimately contributing to their downfall.

Is Under Armour in debt?

Total debt on the balance sheet as of September 2023 : $1.47 B. According to Under Armour 's latest financial reports the company's total debt is $1.47 B.

Is Under Armour doing well?

Under Armour delivered a mixed set of results for its 2023 holiday quarter after it saw slow sales in its wholesale channel and soft demand in North America. The athletic apparel retailer cut its full-year sales outlook slightly, but said it expects its profits and gross margin to rise more than it previously did.

Who owns the biggest share of Nike?

The top shareholders of Nike are Phil Knight, Mark Parker, Andrew Campion, Swoosh LLC, Vanguard Group Inc., and BlackRock Inc. (BLK).

Where is Under Armour made?

Substantially all of our products are manufactured by unaffiliated manufacturers. In 2016, our apparel and accessories products were manufactured by primary contract manufacturers, operating in 18 countries, with a majority of our apparel and accessories products manufactured in Jordan, Vietnam, China and Malaysia.

Is Under Armour struggling?

Athletic brands are struggling to find their footing in 2023 — and now one of the biggest American companies is adjusting its outlook after falling short of expectations. Under Armour saw revenue decline by 1% in its most recent fiscal quarter with a 2% drop in North America, its largest market.

How much does the Under Armour CEO make?

Stephanie Linnartz, who stepped in as president and CEO of Under Armour, at the end of February, will earn a base salary of $1.3 million, with compensation of $11.3 million in fiscal 2023.

How much money is Under Armour worth?

Market cap: $3.83 Billion

As of February 2024 Under Armour has a market cap of $3.83 Billion. This makes Under Armour the world's 2997th most valuable company by market cap according to our data.

How is Dwayne Johnson related to Under Armour?

One of its most fiscally beneficial marketing strategies has been its collaboration with actor Dwayne Johnson, who has endorsed the company since January 2016. Under Armour has a partnership with PGA Tour player Jordan Spieth who they signed an endorsement with in 2013.

How many employees does Under Armour have?

Under Armour is an American sporting goods manufacturer, based in Baltimore, Maryland. In the fiscal year ended March 31, 2023, Under Armour employed about 15,000 people around the world. Under Armour is one of the world's largest sportswear and sporting goods manufacturers.

Why is Under Armour so popular?

At its core, Under Armour is an athlete-first brand, creating state-of-the-art products engineered to make competitors better.

Is Under Armour bigger than Puma?

PUMA's brand is ranked #63 in the list of Global Top 100 Brands, as rated by customers of PUMA. Their current market cap is $15.21B. Under Armour's brand is ranked #231 in the list of Global Top 1000 Brands, as rated by customers of Under Armour.