Sees FY26 revenue down 4%-5%. Sees FY26 adjusted operating income $90M-$105M. The company said, “Gross margin is expected to decline 190 to 210 basis points, mainly due to higher U.S. tariffs, along with unfavorable channel and regional mix. Positive impacts from foreign currency exchange, product mix, and pricing are expected to partially offset these declines.”
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UA:
- Notable companies reporting before tomorrow’s open
- Is UA a Buy, Before Earnings?
- Promising Outlook for Under Armour: Buy Rating Backed by Strong Track & Field Presence and Strategic Growth
- Under Armour price target lowered to $5 from $5.50 at Citi
- Under Armour Faces Market Challenges and Competitive Pressures Amidst Tariff Uncertainties, Justifying Hold Rating