Under Armour: The Amazing, Declining ROIC
January 24, 2017 at 10:09 AM EST
Under Armour ( UAA ) is scheduled to report earnings on Jan 31, something that we've taken note of both here at Stocks to Watch Today , and over at Barron's NEXT . But as important as those earnings will be, Cowen's John Kernan and team are more worried about its return on invested capital than whether can beat forecasts. They explain why: