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Under Armour Tanks 18% After Earnings. Sales Continue to Slide.
Barrons.com135d agoneutral
Under Armour Tanks 18% After Earnings. Sales Continue to Slide.

Shares of Under Armour plummeted Tuesday after the sportswear retailer finished off a third consecutive fiscal year of falling sales and issued weak guidance for 2027. The company reported an adjusted loss of 3 cents a share for the fiscal fourth quarter, a tick below analysts’ consensus call for a loss of 2 cents. Analysts had expected slight revenue growth and adjusted earnings of 23 cents a share.