Under Armour FY27 Q1 net income swings to USD 545,000; revenue falls 3% to USD 1.1 billion
Reuters2026/08/07 10:56- Under Armour Q1 FY2027 revenue fell 3% to USD 1.1 billion; gross margin widened 5.9 percentage points to 54.1%.
- Operating income rose to USD 46.74 million; net income swung to profit of USD 545,000.
- North America revenue dropped 9% to USD 609.78 million; international revenue increased 5% to USD 490 million.
- Wholesale revenue slipped 2% to USD 638.47 million; direct-to-consumer revenue declined 6% to USD 436.52 million.
- Maintained FY2027 operating income outlook of USD 96 million to USD 116 million; now sees revenue down mid-single digits.
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