Under Armour Shares Fall After Weak Fiscal 2026 Outlook
Shares of Under Armour Inc. (NYSE: UAA) fell more than 5% during intra-day trading on Thursday after the company provided a full-year earnings forecast that missed analyst expectations. The guidance overshadowed second-quarter fiscal 2026 results that narrowly beat estimates.
The company posted second-quarter earnings per share of $0.04, beating the consensus estimate of $0.02. Revenue reached $1.33 billion, ahead of the $1.31 billion forecast, but was down 5% year over year, or 6% on a currency-neutral basis.
Gross margin for the quarter declined by 250 basis points to 47.3%, pressured by supply chain costs, increased tariffs, and an unfavorable product and regional mix. Adjusted operating income was $53 million, excluding transformation and restructuring expenses.
For its full fiscal 2026, Under Armour projected earnings per share between $0.03 and $0.05, below the Wall Street consensus of $0.06. The company also expects revenue to decline by 4% to 5% for the year, with gross margins anticipated to contract by 190 to 210 basis points.
Under Armour, Inc. (UAA) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.