Under Armour Shares Drop 5% as Weak Outlook Overshadows Q2 Earnings Beat
Under Armour Inc. (NYSE: UAA) reported second-quarter fiscal 2026 results that came in slightly above Wall Street expectations, but its full-year earnings guidance fell short of analyst forecasts, sending shares down more than 5% in intra-day trading on Thursday. The athletic apparel maker posted earnings per share of 0.02. Revenue reached 1.31 billion forecast but down 5% year over year, or 6% on a currency-neutral basis. Gross margin slip ...