The Wall Street Journal: Under Armour’s accounting is under federal investigation [MarketWatch]
Under Armour, Inc. Class A (UAA)
Last under armour, inc. class a earnings: 2/11 06:55 am
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Source: MarketWatch
Under Armour’s accounting is under federal investigation Federal law-enforcement officials are investigating Under Armour Inc.’s accounting practices in a probe examining whether the sportswear maker shifted sales from quarter to quarter to appear healthier, according to people familiar with the matter. As part of the probe, which hasn’t been made public, investigators questioned people in Baltimore, where the company is based, as recently as last week, one of the people said. Justice Department prosecutors are conducting a criminal inquiry into the matter, and coordinating with civil investigators at the Securities and Exchange Commission, another person said. A representative for Under Armour UA, +2.22% , which reports third-quarter results Monday, had no immediate comment. Spokespeople for the Justice Department and SEC declined to comment. When examining what are known as revenue-recognition practices, authorities generally focus on whether companies record revenue before it is
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UAA
News
- Under Armour, Inc. (NYSE: UAA) had its price target lowered by analysts at Barclays PLC from $12.00 to $11.00. They now have an "equal weight" rating on the stock.MarketBeat
- Under Armour, Inc. (NYSE: UAA) had its "underweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $4.00 price target on the stock.MarketBeat
- Under Armour, Inc. (NYSE: UAA) had its price target raised by analysts at TD Cowen from $10.00 to $11.00. They now have a "hold" rating on the stock.MarketBeat
- Under Armour, Inc. (NYSE: UAA) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $10.00 price target on the stock.MarketBeat
- Under Armour, Inc. (NYSE: UAA) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
UAA
Earnings
- 8/8/24 - Miss
UAA
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/12/24 - Form 8-K
- 12/3/24 - Form 4
- UAA's page on the SEC website