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Under Armour: $120 Or $81? Pick Your Scenario
2015-09-15 06:32:21| Footwear - Topix.net
Under Armour is widely expected to provide a "connected fitness" strategy and to announce a major initiative in the wearable device market when it holds its Investor Day on September 16. Indeed, the company has the world's largest connected fitness platform , with 140m users - 19m users - and Nike - 25m users ), and now must find ways to monetize it. This initiative, combined with the company's footwear and overseas development and expansion into new sport categories suggests that the revenue momentum is likely to remain extremely healthy in the quarters and years to come.
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