🔴 Under Armour is trading 5.5% down today after lowering its fiscal 2027 revenue outlook

Under Armour is trading 5.5% down now at $5.92 after lowering its fiscal 2027 revenue outlook.

• Fiscal first-quarter results on August 7, 2026: adjusted EPS $0.05 beat expectations; revenue fell 3.2% to $1.10 billion and slightly missed forecasts.
• Full-year outlook now calls for a mid-single-digit revenue decline versus previously slight declines, reflecting weaker consumer demand and promotional pressure.
• The broader consumer-discretionary sector is stronger after a weak July jobs report, so company-specific earnings guidance appears to drive the decline.