• Reported GAAP EPS of -$0.10 up 37.50% YoY • Reported revenue of $1.17B down -0.80% YoY • Under Armour anticipates fiscal 2027 revenue to decline slightly, with gross margin expected to increase 220 to 270 basis points. Adjusted diluted earnings per share is projected to range from $0.08 to $0.12.
Bullish
Under Armour saw strong international and DTC revenue growth in Q4, alongside effective SG&A expense management. The company is prioritizing marketing excellence and expects significant gross margin improvement in fiscal 2027.
Bearish
Under Armour faced a Q4 revenue decrease and significant gross margin compression due to tariffs and product costs. The company also extended its restructuring plan and anticipates headwinds from the Middle East conflict.