On Monday, Shares of Under Armour Inc (NYSE:UAA) decreased -0.19% and closed at $20.60 after opening 20.60 with the overall traded volume of 2.61 million shares. The company’s Market capitalization reached to $8.73 billion, $184.67 million outstanding shares. Its low price was $20.15 and the highest price was $20.64.
Under Armour Inc (UAA) on June 27, 2017 announced Patrik Frisk will become the company’s President and Chief Operating Officer (COO) effective July 10. In conjunction with Mr. Frisk’s appointment, the company also announced strategic executive changes to align its organizational structure to better leverage its digital business, support its move toward category management, and drive greater operational efficiency across the organization.
As President and COO of Under Armour, Mr. Frisk will have responsibility for the company’s go-to-market strategy and the successful execution of its long-term growth plan. He will report directly to Chairman and Chief Executive Officer Kevin Plank. The following executives will report to Mr. Frisk: Charlie Maurath, Chief Revenue Officer; Kevin Eskridge, Chief Product Officer; Andy Donkin, Chief Marketing Officer; Colin Browne, Chief Supply Chain officer; and, Kevin Haley, President of Strategy.
“Patrik’s global experience in brand building, including a proven and disciplined record of driving growth, while enhancing profitability and efficiency, will be instrumental as we work to transform our business model to deliver long-term value for our consumers, customers and shareholders,” said Plank. “The opportunity to leverage our strengths – innovative product, brand strength, premium sports marketing assets and unparalleled consumer connections – within an increasingly more digital ecosystem has never been greater.”
Shares of Kraft Heinz Co (NASDAQ:KHC) decreased -0.33% and closed at $82.77 after opening 83.39 with the overall traded volume of 2.98 million shares. The company’s Market capitalization reached to $101.05 billion, $1.22 billion outstanding shares. Its low price was $82.76 and the highest price was $83.73. The EPS is 2.81.
Kraft Heinz Co (KHC) will release its second quarter 2017 financial results on Thursday, Aug. 3, 2017 after the close of market. Kraft Heinz will host a conference call at 5:00 p.m. Eastern Daylight Time that day to review and discuss the results, followed by a question and answer session with analysts.
The earnings release and live audio webcast of Kraft Heinz’s earnings conference call can be accessed at ir.kraftheinzcompany.com. A replay of the webcast will be available following the conference call through the same website.