Under Armour Beats EPS, Revenue; Narrows 2026 Outlook to Low-End Decline
Under Armour reported adjusted EPS of $0.09, beating estimates for a $0.015 loss, and delivered $1.33 billion in revenue, outpacing the $1.16 billion projection. The company narrowed its 2026 revenue decline to the low end of its prior forecast, citing North American and Asia-Pacific demand pressure plus tariffs.
1. Earnings Beat
Under Armour reported adjusted earnings per share of $0.09 versus an expected loss of $0.015 and achieved $1.33 billion in revenue, surpassing the $1.16 billion consensus. This performance reflects stronger sales momentum and cost controls during the quarter.
2. Guidance Adjustment
The company tightened its fiscal 2026 revenue decline guidance to the low end of its prior forecast, signaling confidence in its turnaround while maintaining cautious assumptions for full-year sales.
3. Regional and Tariff Challenges
Management highlighted subdued consumer demand in North America and Asia-Pacific markets and ongoing tariff headwinds as the main factors weighing on top-line growth going forward.
4. Valuation Metrics
Under Armour trades at a price-to-sales ratio of 0.60, an enterprise value-to-sales ratio of 0.90 and a debt-to-equity ratio of 1.02, illustrating its current valuation profile relative to peers.