|New Threads Only:|
|New Threads & Replies:|
Forum List » Guru News and Commentaries|
Guru News, Stock picks and commentaries
Baron Funds Comments on Under Armour
Posted by: guruhl (IP Logged)
Date: February 6, 2013 05:33PM
Under Armour, Inc. (UA), a manufacturer, marketer, and distributor of performance apparel, declined 13.1% in the fourth quarter, although it performed well for the year. Sales were weaker in the most recent reporting period despite initiatives in women's products and footwear. Investors were concerned about the Christmas season, and some observed discounting at key distributors.We believe margins will remain strong due to good inventory control. (Michael Baron)
From Baron Funds' fourth quarter letter.
Guru Discussed: Ron Baron: Current Portfolio, Stock Picks
Stocks Discussed: UA,
Disclaimers: GuruFocus.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The gurus may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.