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Actionable news in UA: UNDER ARMOUR Inc,

Under Armour's Growth Warning Is a Nail in the Coffin for Shares

Looking at a long-term price chart of Under Armour (UA) shows a relentless growth stock.

From mid-2011 to the middle of last year alone the stock price shot up more than 500%, an amazing gain.

Chart provided by TradingView.com

The meteoric rise makes sense from a fundamental standpoint. Take a look at any basic metric such as net income or revenue, and it shows massive growth.

Chart provided by TradingView.com

Chart provided by TradingView.com

And even the latest third-quarter earnings results looked solid.

Under Armour reported another revenue increase of 22%, the 25th-straight revenue growth of at least 20%. Total revenue came in at $1.47 billion, beating expectations of $1.45 billion.

Earnings of 29 cents a share beat expectations by 4 cents a share.

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Under Armour was able to double its share of the footwear market during the recent back-to-school period, shooting up to an 8.2% market share from 4.6% a year earlier. Total apparel sales increased 18% to $1.02 billion during the quarter, while footwear sales increased 42% to $278.8 million.

The company even made strides in its online presence, increasing direct-to-consumer sales 29% from a year earlier. This was helped by the three ecommerce websites Under Armour launched during the quarter.

But...


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