Under Armour Cuts FY2027 Revenue Outlook on Mid-Single-Digit Decline

UA Under Armour Inc

$5.00 -5.30%

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UAA -5.49%

1. 1Under Armour (UAA) lowered its FY2027 revenue outlook, citing weaker-than-expected consumer demand in North America and Asia-Pacific.
2. 2The revised outlook calls for a mid-single-digit decline in full-year revenue, while total revenue for the quarter ending in June fell 3% to $1.1 billion.
3. 3The operating income outlook is maintained at $96 million to $116 million, with cost management offsetting the impact of the revenue decline.

Source Quartz +1 · View original ↗

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