Under Armour Maintains FY27 Outlook As Q2 Net Loss Narrows; Stock Tumbles 12%
While reporting financial results for the second quarter on Friday, Under Armour, Inc. (UA) maintained its adjusted earnings and revenue growth guidance range for the full-year 2026, to reflect additional external cost pressures and planned inventory actions.For fiscal 2026, the company now projects between a loss of $0.02 per share and earnings of $0.02 per share and adjusted earnings in a range of $0.08 to $0.12 per share on a revenue decline at a mid-single-digit percentage rate.Previously, the company ...