Question
What financial performance issues do you see at Under Armour based on the data in case Exhibits 1, 2, and 3? Select yes for those
What financial performance issues do you see at Under Armour based on the data in case Exhibits 1, 2, and 3?
Select yes for those statements below that are accurate and choose no for those statements that are not.
a. Starting with the fourth quarter of 2016 and continuing through all of 2017, quarterly revenues and revenue growth at Under Armour took a sudden turn for the worse.
(Click to select) Yes No
b. In 2017 operating income and net income increased at Under Armour.
(Click to select) Yes No
c. Restructuring and impairment charges at Under Armour were a hefty $124 million in 2017.
(Click to select) Yes No
d. UAs sales and profits in the Asia-Pacific in 2017 made it the fastest growing and most profitable geographic region outside North America.
(Click to select) Yes No
e. North America has been hard hit by the downturn in sales and profit.
(Click to select) Yes No
f. Latin America has grown as a profitable region in 2017.
(Click to select) Yes No
g. Under Armour needs to address and correct its connected fitness unit which continues to experience ongoing losses.
(Click to select) Yes No
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