Under Armour: The latest figures, news and market research on Under Armour

Turnover: 5.8 billion EUR (2023)

Country: France

Under Armour specializes in the design and manufacture of apparel and equipment for athletes. Founded in 1996 by former University of Maryland soccer player Kevin Plank, Under Armour began with the goal of creating a superior T-shirt that provided compression and wicked sweat away from the skin to optimize athletes' performance.

Since then, the company has grown to offer a diverse range of products for men, women and youth designed to keep athletes cool, dry and light during training and competition. The company offers apparel suitable for different weather conditions, such as the HeatGear range to stay cool and light, the ColdGear range to stay warm and dry, and the AllSeasonGear range to stay dry and comfortable.

News

UNDER ARMOUR ANNOUNCES RECORD SALES FOR 2021 14/02/2022

2021 sales in North America: up 15%.

2021 international sales: up 3%.

Total sales for 2021: $5.7 billion

Wholesale revenues: up 16% to $768 million

Direct-to-consumer (DTC) revenues: up 10% to $720 million

E-commerce growth: 4%, representing 42% of total DTC activity in the fourth quarter.

North American sales: up 15% to $1.1 billion (€972 million).

International sales: up 3% to $461 million (407 million euros).

International sales by region: increase of 24% in EMEA, decrease of 6% in Asia-Pacific (APAC) and 22% in Latin America.

Year	Turnover ($)
2022	5.8Bn

Turnover 2021 in North America: 15% increase.
Foreign turnover 2021: 3% increase.
Total revenue for the year 2021: $5.7 billion
Wholesale revenue: 16% increase to $768 million
Direct-to-consumer (DTC) revenue: 10% increase to $720 million
E-commerce growth: 4%, accounting for 42% of total DTC activity in the fourth quarter.
Turnover in North America: 15% increase, reaching $1.1 billion (972 million euros).
International turnover: 3% increase, reaching $461 million (407 million euros).
International business by region: 24% increase in EMEA, 6% decrease in Asia-Pacific (APAC) and 22% decrease in Latin America.

Financial Data

DUNS: 510021090

Legal Name: UNDER ARMOUR FRANCE SARL

Address: 126 AV DU GENERAL LECLERC , 92100 BOULOGNE-BILLANCOURT

Financial Data:

Year	2021	2020	2019	2018	2017	2016	2015
Turnover	4 768 302	6 104 226	4 448 576	2 817 498	2 282 895	911 368	95 335
Gross margin (€)	2 875 948	4 686 596	3 937 532	2 823 495	2 309 423	914 224	95 335
EBITDA (€)	417 496	1 058 838	196 405	374 195	447 654	331 943	4 541
Operating profit (€)	324 578	1 035 811	180 151	358 938	462 756	334 799	4 541
Net profit (€)	169 517	343 769	113 920	251 095	305 228	223 399	3 027
Turnover growth rate (%)	-21,9	37,2	57,9	23,4	150,5	856	-
Ebitda margin rate (%)	8,8	17,3	4,4	13,3	19,6	36,4	4,8
Operating margin rate (%)	6,8	17	4	12,7	20,3	36,7	4,8
Working Capital (turnover days)	144,8	85,5	-7,8	139,5	-36,8	36,9	-131,7
Working Capital requirements (turnover days)	167	63,6	4,1	169,6	-5,3	-14	-53,6
Net margin (%)	3,6	5,6	2,6	8,9	13,4	24,5	3,2
Added value / Turnover (%)	42,8	54,2	56,2	70,8	74,7	83,8	68,7
Wages and social charges (€)	1 574 092	2 150 716	2 247 036	1 590 756	1 233 075	426 886	58 453
Salaries / Turnover (%)	33	35,2	50,5	56,5	54	46,8	61,3