Under Armour raises FY27 outlook despite Q2 revenue decline
UA Under Armour Inc
$4.74 -2.07%
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- 1Under Armour's Q2 revenue recorded $1.2 billion, a decrease from $1.3 billion in the same period last year.
- 2Under Armour announced an FY27 operating income outlook of $99 million to $119 million, raising it from the previous FY27 operating income outlook of $96 million to $116 million.
- 3President Kevin Plank said revenue expectations were met and the operating income outlook was exceeded.
So what's the key point?
Under Armour's recent revenue decreased compared to last year. However, the company has raised its expectations for future profits.
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