Under Armour Inc (NYSE: UAA) reported Q3 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.31 billion.

GUIDANCE:

Under Armour Inc sees FY2026 EPS of $0.03-$0.05, versus the consensus of $0.06.

Fiscal 2026 Outlook

Compared to fiscal 2025, key highlights of the company's outlook for fiscal year 2026 include:

Revenue is expected to decrease 4 to 5 percent. This includes anticipated high-single-digit percentage declines in North America and Asia-Pacific, and a high-single-digit percentage increase in EMEA.
Gross margin is expected to decline 190 to 210 basis points, mainly due to higher U.S. tariffs, along with unfavorable channel and regional mix. Positive impacts from foreign currency exchange, product mix, and pricing are expected to partially offset these declines.
SG&A expenses are expected to decrease by a mid-teens percentage rate. Excluding transformation expenses related to the company's Fiscal 2025 Restructuring Plan, along with last year's litigation settlement expenses and impairment charges, adjusted SG&A is projected to decline at a mid-single-digit rate, mainly driven by lower marketing costs, restructuring savings, and other cost management initiatives.
Operating income is expected to range from $19 million to $34 million. Excluding expected restructuring charges and transformation expenses, adjusted operating income is forecasted to be between $90 million and $105 million.
Diluted loss per share is expected to be from $0.15 to $0.17. Adjusted diluted earnings per share is expected to be from $0.03 to $0.05.

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