![]() © Thomson Reuters 2023 All rights reserved. They have risen 40 percent in the past 12 months. ![]() The company's shares closed at $73.57 on Wednesday. Under Armour forecast full-year 2015 revenue of $3.76 billion, a 22 percent increase, in line with the average analyst estimate, according to Thomson Reuters I/B/E/S. 31, the company said, driven by demand for its running shoes, including the SpeedForm Apollo shoe, and new basketball footwear. 2 sports footwear and clothing brand in the United States by sales, behind Nike Inc, said sports apparel sales rose 30 percent in the fourth quarter.įootwear sales surged 55 percent in the three months ended Dec. Under Armour, which recently dislodged Adidas as the No. The two technology companies are also building their own software and services for the health and fitness-conscious. About 150 million users of the MyFitnessPal fitness and nutrition app and website have been affected by a data security breach, the site’s owner, Baltimore-based Under Armour, said Thursday. Under Armour, which said in a statement that it is trying to create the world's largest digital health and fitness community, may soon compete with Apple Inc and Google Inc. An increase in the penetration of smartphones globally is a key factor contributing to the segment growth. Device Insights Smartphones accounted for the largest revenue share of over 67.2 in 2022. That data is an attractive prospect for Under Armour, which is increasingly looking to use insights about consumers' health and fitness to sell more apparel. - Largest selection of activities (over 600): running, cycling, walking, gym workouts, cross training, yoga, etc. Fitness apps available on the Android platform include MyFitnessPal, Google Fit, Sworkit, Runstastic, and Leap Fitness Workout Apps. ![]() MyFitnessPal, which claims to have over 80 million registered users, has developed one of the largest nutrition and calorie databases. The company bought MapMyFitness, an app to virtually track fitness workouts, in 2013. Under Armour, which on Wednesday reported a better-than-expected 37 percent increase in quarterly profit, has been growing its sales by integrating fitness tracking services with its sportswear. ![]()
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