Under Armour Reports Second Quarter 2018 Results

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Under Armour (UA) Reports In-Line Q2 EPS, Revenues Beat; Offers FY18 EPS Outlook Below Consensus

July 26, 2018 6:57 AM EDT

Under Armour (NYSE: UA) (NYSE: UAA) reported Q2 EPS of ($0.08), in-line with the analyst estimate of ($0.08). Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.15 billion.

"Through the first half of 2018, we are making progress toward our transformation of running a more operationally excellent company while amplifying the power of the Under Armour brand," said Under Armour Chairman and CEO Kevin Plank. "The ongoing improvements in our structure, systems and go-to-market process across our global business better position us to drive a more consistent,... More