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Dec 17, 2023 · Under Armour reports that in 2021, their annual revenue grew by 27 percent, totaling $5.7 billion. This uptick signifies a substantial increase in sales and reflects the company’s success in attracting customers. Annual Revenue (2021): $5.7 billion. Gross Margin: 50.3%. Operating Income: $486 million.
Kevin Plank, founder of Under Armour, pictured in 2018. Under Armour was founded on September 25, 1996, by Kevin Plank, a then-24 year old former special teams captain of the University of Maryland football team. Plank initially began the business from his grandmother's basement in Washington, D.C. [4] He spent his time traveling along the East ...
- 1996; 27 years ago
- Baltimore, Maryland, U.S.
- 17,500 (As of December 31, 2021)
- US$5.683 billion (FY 2021)
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At Under Armour, ‘Stand for Equality’ has always been a core value, meaning we stand with underrepresented groups, such as the LGBTQIA+ community, year-round and remain committed to creating better representation in sport, around the world, and in our own community. Under Armour Disrupts NYC Market With Innovative New Retail Experience In ...
Plank is the founder and executive chairman of Under Armour, a manufacturer of sportswear, footwear and accessories, based in Baltimore, Maryland. He served as CEO from its founding until 2020 and will be returning as CEO as of April 2024. [1] As of April 2023, his net worth was estimated at US$1.1 billion.
- 2
- August 13, 1972 (age 51), Kensington, Maryland, U.S.
- Desiree "D.J." Guerzon
- University of Maryland, College Park (BA)
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Mar 25, 2024 · Under Armour walked away from the deal in June 2020. It was just four years into the $280 million deal, which was meant to last 15 years. In a statement to Fox Business at the time, the company ...
Discover how Under Armour makes you better with performance solutions for apparel, footwear and accessories. Explore the vision, mission, values and innovations of a global leader.