Tag: $Under Armour

Under Armour (UAA.N), forecast second-quarter revenue below estimates on Friday as still-high inflation and tariff uncertainty weigh on demand in North America, sending the sportswear maker’s shares down 13% in premarket trading.

Under Armour Inc.’s stock rose 2% in premarket trading on Tuesday after the sports-clothing giant’s fiscal first-quarter outlook topped Wall Street estimates, with its chief executive saying the company’s turnaround efforts are bearing fruit.

Sportswear maker Under Armour raised its annual profit forecast on Thursday, betting on lower input costs and cost-saving strategies such as offering lower discounts at its own stores and website.

Under Armour posted a surprise first-quarter profit on Thursday, benefiting from its efforts to cut inventory and promotions at a time when consumers are picky with what they spend their dollars on.

Under Armour forecast a surprise drop in annual sales and projected profit below analysts’ estimates on Thursday, as the apparel maker laid out a plan to simplify its business in the face of weak demand for its sportswear in the United States.

Under Armour Inc.’s stock rose 7% early Thursday, after the sporting apparel company beat profit estimates for its fiscal third quarter to offset revenue that came up short.

Under Armour‘s fiscal fourth-quarter earnings and revenue beat Wall Street expectations, but full-year guidance missed what analysts had been expecting