Under Armour Inc (UAA) Tops Q1 EPS by 3c

Under Armour Inc (NYSE: UAA) reported Q1 EPS of $0.05, $0.03 better than the analyst estimate of $0.02. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.11 billion.

GUIDANCE:

Under Armour Inc sees FY2027 EPS of $0.08-$0.12, versus the consensus of $0.11.

• Revenue is now expected to decline at a mid-single-digit percentage rate compared with the prior outlook of a slight decline. The revised outlook is driven by softer demand, particularly in North America and Asia-Pacific. The company remains focused on balancing near-term revenue opportunities with actions that strengthen long-term brand health, including disciplined marketplace management and protection of full-price selling. The updated outlook incorporates a mid-single-digit percent decline in North America (prior low-single-digit decline), and low-single-digit declines in both Asia-Pacific (prior low-single-digit increase) and EMEA (prior low-single-digit increase).

For earnings history and earnings-related data on Under Armour Inc (UAA) click here.

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