Key takeaways from Under Armour’s annual shareholder meeting

Under Armour's annual shareholder meeting was held today, and there were some key takeaways from the event.

First and foremost, the company announced that it is on track to achieve its goal of $7.5 billion in revenue by 2018. This is up from the $5.2 billion in revenue that the company generated last year.

The company also announced that it is planning to increase its marketing budget by 50% in order to drive growth. This increase will be focused on digital marketing, as the company believes that this is the best way to reach its target consumers. Buy Gmail Accounts

Finally, the company announced that it is planning to expand its product line in order to better compete with the likes of Nike and Adidas. This expansion will include new products in the footwear, apparel, and accessories categories.

Overall, it was a very positive shareholder meeting for Under Armour. The company is on track to achieve its growth goals, and is taking the necessary steps to compete with its larger rivals.

Under Armour’s annual shareholder meeting was held yesterday, and there were some key takeaways for investors. Here are the highlights:

1. Under Armour is focused on its long-term growth strategy.

 CEO Kevin Plank reiterated that Under Armour is focused on its long-term growth strategy, which includes investments in innovation, brand marketing, and international expansion. He also noted that the company is on track to achieve its goal of $7 billion in revenue by 2018.

2. Under Armour is making progress with its turnaround plan.

CFO Chip Molloy said that Under Armour is making progress with its turnaround plan, which includes streamlining operations, reducing costs, and growing its direct-to-consumer business. He noted that the company is on track to achieve its goal of $1 billion in cost savings by 2020.

3. Under Armour is seeing strong growth in its direct-to-consumer business.

Under Armour reported strong growth in its direct-to-consumer business, with revenue up 21% in the first quarter. The company is investing in its e-commerce platform and expanding its brick-and-mortar footprint.  Buy Facebook accounts

4. Under Armour is making progress with its international expansion.

Under Armour reported strong growth in its international business, with revenue up 50% in the first quarter. The company is expanding its footprint in key markets such as China and Europe.

5. Under Armour is committed to its brand.

Under Armour is committed to its brand and investing in marketing to drive growth. The company increased its marketing spend by 30% in the first quarter.

6. Under Armour is facing headwinds in North America.

Under Armour reported weak results in North America, with revenue down 3% in the first quarter. The company is facing headwinds from the competitive environment and the bankruptcy of one of its major customers, Sports Authority.

7. Under Armour is confident in its long-term growth prospects.

Despite the challenges in North America, Under Armour remains confident in its long-term growth prospects. The company is focused on its long-term growth strategy and making progress with its turnaround plan.  Buy Twitter accounts

It was a big day for Under Armour (UA) yesterday, as the company held its annual shareholder meeting. There was a lot of excitement in the room, as shareholders and analysts alike were eager to hear from management about the company's strategy and plans for the future.

Here are some of the key takeaways from the meeting:

1. Under Armour is focused on three key areas: product, distribution, and brand.

2. Product is the most important area for the company, and it is investing heavily in research and development to ensure that it is always at the forefront of innovation.

3. Distribution is another key area of focus, and the company is working to expand its global reach.

4. Brand is also important to Under Armour, and it is working to build a strong emotional connection with consumers.

5. Under Armour is confident in its long-term growth prospects and is committed to delivering shareholder value.

These are just some of the highlights from the meeting. Overall, it was a very positive event for Under Armour, and shareholders should be pleased with the company's progress.