Under Armour Q2 Revenue Falls 7%, Misses Estimates

Under Armour, Inc. announced its financial results for the second quarter of fiscal 2027, reporting revenue of $1.24 billion, which exceeded the FactSet consensus estimate of $1.23 billion. The company reported an adjusted earnings per share of $0.00, compared to the FactSet estimate of a $0.01 loss per share. Additionally, the company provided updated guidance for fiscal year 2027, projecting an adjusted earnings per share range of $0.08 to $0.12. Management also noted that gross-margin growth guidance for the fiscal year was adjusted to 170—220 basis points, while maintaining an adjusted operating income outlook of $140 million to $160 million.