Is Under Armour Effectively Expanding Its Store Base In North America?
For a retail company, it is essential that customers have easy access to its products. Sales and ease of access are directly correlated. Such is the case when it comes to Under Armour‘s (NYSE:UA) business.
The company derives upwards of 90% of their sales from North America. Over the past five years, the company has worked hard to increase the store base across the continent. But how is this strategy working for the company?
As we can see from the table above, Under Armour’s net revenue per store has increased steadily over the aforementioned period. Supplementing this strategy with increasing its e-commerce footprint can help the company stand out amongst competitors.
Notes:
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our full analysis for Under Armour
- What’s Next For Under Armour Stock?
- Down 20% This Year, Will Under Armour’s Stock Recover Following Q4 Results?
- Down 25% This Year Will Under Armour Stock Rebound After Its Q2?
- Under Armour Stock Down 24% This Year, What’s Next?
- Under Armour Stock Up 28% Over Last Month, What’s Next?
- What To Watch For In Under Armour’s Stock Post Q1?
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap
More Trefis Research