Under Armour, Inc. has been given a positive rating by UBS due to its strong position in the sports apparel market.
The company develops, markets, and distributes branded sports clothing, footwear, and accessories for men, women, and youth across different regions.
Under Armour primarily operates in North America, including the United States and Canada, but also has a significant presence in Europe, the Middle East, Africa (EMEA), Asia-Pacific, and Latin America.
In North America, the company sells its products through wholesale channels and direct-to-consumer sales.
In the EMEA region, Under Armour relies on wholesale customers, independent retailers, e-commerce platforms, and its own brand and factory outlet stores.
The company's products are also available in China, South Korea, Australia, Singapore, Malaysia, and Thailand through distribution and wholesale partners, as well as online sales channels.