Earnings ·
Under Armour reports Q2 fiscal 2027 revenue of $1.2 billion and updated full-year outlook
UAUnder Armour, Inc.
Under Armour reported unaudited financial results for the second quarter of fiscal 2027, ending September 30, 2026. Revenue decreased 7 percent to $1.2 billion, driven by declines in both North America and international markets. Operating income was $15 million, while net loss was $0.4 million. The company recorded $11 million in restructuring charges related to its Fiscal 2025 Restructuring Plan. Management updated the full-year fiscal 2027 outlook, maintaining a mid-single-digit revenue decline expectation but narrowing the gross margin improvement forecast to 170-220 basis points due to higher fuel and freight costs. Operating income is now expected to be between $99 million and $119 million. Under Armour operates as a global performance brand designing, marketing, and selling apparel, footwear, and accessories.