finance.yahoo.com

Under Armour Lowers FY27 Revenue Outlook on Soft Demand

Under Armour logoUnder Armour
Sig2.75Sen-2.35Env0.00Soc0.00Gov0.00

Revenue for the quarter ended 30 June 2026 fell 3% year-on-year to $1.1bn, with North America down 9% and Asia-Pacific down 7%, while EMEA rose 12% and Latin America increased 8%. Wholesale slipped and direct-to-consumer declined, including eCommerce. Gross margin improved to 54.1% aided by 590 bps of IEEPA tariff refunds, and Under Armour now expects FY27 revenue to fall mid-single digits with higher margins.

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