Under Armour Q3 2023 10-Q Filed: Equity Structure Update

Ticker: UA · Form: 10-Q · Filed: 2024-02-08T00:00:00.000Z

Sentiment: neutral

Topics: earnings, equity-structure, 10-Q, financial-reporting

TL;DR

**Under Armour's latest 10-Q shows shifts in equity, signaling potential changes in shareholder value.**

AI Summary

Under Armour, Inc. filed its 10-Q for the period ending December 31, 2023, on February 8, 2024. The filing details the company's financial position and performance for the third quarter and the first nine months of its fiscal year. This matters to investors because it provides a crucial update on the company's financial health, including changes in common stock classes (Class A, Class C, and Convertible Common Stock) and equity components like retained earnings and additional paid-in capital, which directly impact shareholder value and future growth prospects.

Why It Matters

This filing offers a transparent look into Under Armour's financial performance and capital structure, directly influencing investor confidence and stock valuation.

Risk Assessment

Risk Level: medium — The filing provides a snapshot of financial health, but without specific revenue or profit figures, the full risk profile remains partially obscured.

Analyst Insight

Investors should review the full 10-Q document to understand the specific financial figures and management's discussion and analysis, as this summary only covers the metadata and equity structure changes.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the reporting period covered by this 10-Q filing?

This 10-Q filing covers the period ending December 31, 2023, as indicated by the 'CONFORMED PERIOD OF REPORT: 20231231'.

When was this 10-Q officially filed with the SEC?

The 10-Q was officially filed on February 8, 2024, as stated by 'FILED AS OF DATE: 20240208'.

What is Under Armour, Inc.'s Central Index Key (CIK) according to this filing?

Under Armour, Inc.'s CIK is 0001336917, as listed under 'CENTRAL INDEX KEY: 0001336917'.

What is the business address for Under Armour, Inc. as provided in the filing?

The business address is 1020 HULL STREET, 3RD FLOOR, BALTIMORE, MD 21230, as detailed in the 'BUSINESS ADDRESS' section.

What types of common stock are mentioned in the filing for Under Armour, Inc.?

The filing mentions 'us-gaap:CommonClassAMember', 'us-gaap:CommonClassCMember', and 'us-gaap:ConvertibleCommonStockMember' as types of common stock.

From the Filing

0001336917-24-000024.txt : 20240208 0001336917-24-000024.hdr.sgml : 20240208 20240208164545 ACCESSION NUMBER: 0001336917-24-000024 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 98 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Under Armour, Inc. CENTRAL INDEX KEY: 0001336917 STANDARD INDUSTRIAL CLASSIFICATION: APPAREL & OTHER FINISHED PRODS OF FABRICS & SIMILAR MATERIAL [2300] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 521990078 STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-33202 FILM NUMBER: 24609801 BUSINESS ADDRESS: STREET 1: 1020 HULL STREET STREET 2: 3RD FLOOR CITY: BALTIMORE STATE: MD ZIP: 21230 BUSINESS PHONE: 410-454-6758 MAIL ADDRESS: STREET 1: 1020 HULL STREET STREET 2: 3RD FLOOR CITY: BALTIMORE STATE: MD ZIP: 21230 10-Q 1 ua-20231231.htm 10-Q ua-20231231 false 2024 Q3 0001336917 --03-31 0.1018589 P2Y P1M 0001336917 2023-04-01 2023-12-31 0001336917 us-gaap:CommonClassAMember 2023-04-01 2023-12-31 0001336917 us-gaap:CommonClassCMember 2023-04-01 2023-12-31 0001336917 us-gaap:CommonClassAMember 2024-01-31 xbrli:shares 0001336917 us-gaap:ConvertibleCommonStockMember 2024-01-31 0001336917 us-gaap:CommonClassCMember 2024-01-31 0001336917 2023-12-31 iso4217:USD 0001336917 2023-03-31 0001336917 us-gaap:CommonClassAMember 2023-03-31 iso4217:USD xbrli:shares 0001336917 us-gaap:CommonClassAMember 2023-12-31 0001336917 us-gaap:ConvertibleCommonStockMember 2023-03-31 0001336917 us-gaap:ConvertibleCommonStockMember 2023-12-31 0001336917 us-gaap:CommonClassCMember 2023-12-31 0001336917 us-gaap:CommonClassCMember 2023-03-31 0001336917 2023-10-01 2023-12-31 0001336917 2022-10-01 2022-12-31 0001336917 2022-04-01 2022-12-31 0001336917 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-09-30 0001336917 us-gaap:ConvertibleCommonStockMember us-gaap:CommonStockMember 2022-09-30 0001336917 us-gaap:CommonStockMember us-gaap:CommonClassCMember 2022-09-30 0001336917 us-gaap:AdditionalPaidInCapitalMember 2022-09-30 0001336917 us-gaap:RetainedEarningsMember 2022-09-30 0001336917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-09-30 0001336917 2022-09-30 0001336917 us-gaap:CommonStockMember us-gaap:CommonClassCMember 2022-10-01 2022-12-31 0001336917 us-gaap:RetainedEarningsMember 2022-10-01 2022-12-31 0001336917 us-gaap:AdditionalPaidInCapitalMember us-gaap:CommonClassCMember 2022-10-01 2022-12-31 0001336917 us-gaap:RetainedEarningsMember us-gaap:CommonClassCMember 2022-10-01 2022-12-31 0001336917 us-gaap:CommonClassCMember 2022-10-01 2022-12-31 0001336917 us-gaap:AdditionalPaidInCapitalMember 2022-10-01 2022-12-31 0001336917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-10-01 2022-12-31 0001336917 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-12-31 0001336917 us-gaap:ConvertibleCommonStockMember us-gaap:CommonStockMember 2022-12-31 0001336917 us-gaap:CommonStockMember us-gaap:CommonClassCMember 2022-12-31 0001336917 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001336917 us-gaap:RetainedEarningsMember 2022-12-31 0001336917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001336917 2022-12-31 0001336917 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-03-31 0001336917 us-gaap:ConvertibleCommonStockMember us-gaap:CommonStockMember 2022-03-31 0001336917 us-gaap:CommonStockMember us-gaap:CommonClassCMember 2022-03-31 0001336917 us-gaap:AdditionalPaidInCapitalMember 2022-03-31 0001336917 us-gaap:RetainedEarningsMember 2022-03-31 0001336917 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-03-31 0001336917 2022-03-31 0001336917 us-gaap:CommonStockMember us-gaap:CommonClassCMember 2022-04-01 2022-12-31 0001336917 us-gaap:RetainedEarningsMember 2022-04-01 2022-12-31 0001336917 us-gaap:AdditionalPaidInCapitalMember us-gaap:CommonClassCMember 2022-04-01 2022-12-31 0001336917 us-gaap:RetainedEarningsMember us-gaap:Co

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