22.08.2019-421 views -Under Amor vs Nike
From: Adam, Under Shield Junior Analyst
To: Kevin A. Planks, Under Shield Chairman, Director, and CEO Date: 12 , 18, 2011
Subject: Beneath Armour's Strong Financial Functionality from 2008 to 2010 In order to support Under Armour acknowledge where it stands within the sport apparel and kit industry, We researched and constructed a great analysis from the company's economical performance coming from 2008 to 2010. Over the last three years, Under Armour published a strong monetary performance. Via 2008 to 2010, the business had a significant growth in net income, an increasing trend in earning per share, and a strong speedy ratio (Under Armour, 2011). In addition , Beneath Armour's stock (UA) has also been performing well at the last 12 months; however , the purchase price Earnings proportions over the period were shaky due to the rough stock price-line (Stock Data, 2011). Furthermore, the record will review Under Armour with the main rivals, Nike, Incorporation. (Under Shield, 2011). Under Armour's Economical Performance
Significant Growth in Net Income
During the last three years, Under Armour's (UA) net income has grown significantly. From 2008 to 2009, UA's net income elevated 22. 5 percent from $38 mil to $47 million (Under Armour, 2011). Following that trend, you can actually net income grew 46 percent to $68 millions in 2010 from $47 millions last season (Under Armour, 2011). When compared with Under Shield, from 2008 to 2009, Nike Incorporation. 's net gain experienced a more substantial increase, twenty eight. 2 percent; however , that increased just 11. 8 percent coming from 2009 to 2010 (Nike, 2011). While illustrated in figure 1, although Beneath Armour's net gain performed lesser comparing to Nike last season; the company's 46 percent increase in net income perform better Nike's, that was only eleven. 8 percent in 2010 (Under Armour, 2011; Nike, 2011). The durable increase in UA's net income triggered an increasing tendency in the company's earnings per share.
Figure 1: Comparison Among Under Armour's and Nike's Net Income Development...
References: Nike, Inc. (2011). Nike, Inc. Annual Record 2011. Recovered from http://investors.nikeinc.com/Investors/Financial-Reports-and-Filings/Annual-Reports/default.aspx
Stock Data. (2011). Entrepreneur Relations – Under Shield. Retrieved by http://investor.underarmour.com/stockquote.cfm
Inventory Information. (2011). Investor – Nike, Inc. Retrieved coming from http://investors.nikeinc.com/Investors/Stock-Information/Historical-Price-Lookup/default.aspx
Under Armour (2011). Under Shield annual report 2011. Retrieved from http://investor.underarmour.com/annuals.cfm