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Benzinga
Benzinga
Business
Avi Kapoor

Under Armour Analysts Slash Their Forecasts After Q1 Results

Milan,,,Italy,-,08,07,2023,:,Under,Armour

Under Armour, Inc. (NYSE:UAA) reported first-quarter fiscal 2026 results that met or exceeded internal expectations but missed Wall Street estimates on Friday.

Revenue declined 4% year over year to $1.13 billion, falling short of the $1.154 billion consensus estimate. The company reported a GAAP net loss of $3 million, or 1 cent per diluted share, and adjusted net income of $9 million, or 2 cents per share, up from 1 cent a year ago.

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