Under Armour Stock News

Under Armour on Thursday warned of a bigger hit to its operating income from ​the Middle East conflict and lowered its ‌annual gross margin growth forecast, sending its shares down about 12% in premarket trading.

Under Armour posted lower revenue in its fiscal second quarter, weighed down by a slump that cut across product categories and geographic segments.

BALTIMORE, Nov. 6, 2026 /PRNewswire/ -- Under Armour, Inc. (NYSE: UAA, UA) today announced unaudited financial results for the second quarter of fiscal 2027, which ended September 30, 2026. Results are reported in accordance with United States Generally Accepted Accounting Principles ("U.S. GAAP").

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The group—founded by billionaire Mike Ashley—bought 8.8% of the U.S. brand according to a filing.

Under Armour Inc (NYSE:UA) slipped about 2% after the athletic apparel maker reported fiscal first quarter results that included an earnings beat but slightly weaker-than-expected revenue and a more cautious full-year outlook. Under Armour reported adjusted diluted earnings per share of $0.05 for the quarter, ahead of the Wall Street consensus estimate of $0.02.

Under Armour posted lower fiscal first-quarter revenue but the company swung to small profit despite a challenging environment in North America and the Asia-Pacific region.