Under Armour, Inc. (UA)

The company now

Under Armour reported first-quarter fiscal 2027 revenue down 3 percent to $1.1 billion on 7 August 2026 1.

North America revenue fell 9 percent to $610 million, while international revenue rose 5 percent to $490 million 1.

Gross margin, the share of each sale left after the cost of making the goods, rose 590 basis points to 54.1 percent, mainly on refunds of tariff costs the company had expensed in fiscal 2026 1.

Operating income was $47 million and net income was $1 million 1.

The company now expects full-year revenue to fall at a mid-single-digit rate, against an earlier outlook of a slight decline, citing softer demand in North America and Asia-Pacific 1. It kept its adjusted earnings per share range of $0.08 to $0.12 1.

Kevin Plank, the founder and chief executive, said the company is making progress in "building a more focused Under Armour" in a "challenging consumer demand environment" 1.

For the year to 31 March 2026, revenue fell 4 percent to $5.0 billion 7. The net loss was $496 million, including a $247 million valuation allowance, an accounting write-down of U.S. federal tax assets 7.

The open question is whether the tariff refunds arrive as assumed, since the adjusted operating income outlook includes an approximate $70 million benefit from refunds of prior-year tariff expenses 1.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.