Under Armour Cuts Fiscal 2027 Margin Outlook After Revenue Falls 6.9%

Under Armour reported a 6.9% year-over-year revenue decline for its fiscal second quarter and cut its full-year gross-margin expansion forecast, while keeping its revenue and adjusted operating-income outlooks unchanged. Revenue totaled $1.241743 billion for the three months ended Sept. 30, 2026, compared with $1.333380 billion in the same period a year earlier. Gross margin was 47%, down 30 basis points from a year earlier. Operating income was $14.8 million, or $24.9 million on an adjusted basis. The company posted a net loss of $425,000 and diluted loss per share of $0.00.

Source: TokenPost