UNDER ARMOUR REPORTS FIRST QUARTER FISCAL 2027 RESULTS; MAINTAINS FULL-YEAR PROFITABILITY OUTLOOK WHILE UPDATING REVENUE EXPECTATIONS
Under Armour reported fiscal first-quarter revenue of $1.1 billion, down 3% year-over-year, with North America sales declining 9% due to a challenging consumer demand environment. Gross margin expanded 590 basis points to 54.1%, driven by tariff refunds, allowing the company to report operating income of $47 million and maintain its full-year profitability targets.
Key figures
- Eps
- 0
- Revenue
- 1097927000
- Guidance
- FY27 revenue decline mid-single-digit %; Adjusted EPS $0.08-$0.12; Operating Income $96M-$116M
- Revenue Yoy
- -3%
- Inventory
- 1100000000
- Na revenue
- 610000000
- Gross margin
- 54.1%
- Operating income
- 47000000
- International revenue
- 490000000
AI analysis
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