How Big Can Under Armour’s Footwear Business Get By 2020?

August 18th, 2016 by Trefis Team
-12.84%
Downside
8.71
Market
7.59
Trefis
UA: Under Armour logo
UA
Under Armour

In the past few quarters, Under Armour‘s (NYSE:UA) Footwear business has performed exceptionally well. Just last quarter the revenues in the segment increased by almost 58% year over year. With stellar performance recorded in the recent past, what’s in store for the segment in 2020?

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As per our calculations, we can expect the footwear segment to clock in about $3,194 million in revenues by 2020 spurred by solid sales.

Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment / ask questions on the comments section

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

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