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Under Armour forecasts downbeat quarterly sales

Under Armour forecast second-quarter revenue below estimates today as still-high inflation and tariff uncertainty weigh on demand in North America, sending the sportswear maker's shares down 13% in premarket trading.

Business • 08 Aug

Under Armour has been attempting to reverse revenue declines it suffered in the last two years

Under Armour beats quarterly sales estimates

Under Armour has today posted a smaller-than-expected drop in fourth-quarter revenue, helped by the sportswear maker's turnaround efforts.

Business • 13 May

Under Armour's overall net revenue rose to $1.53 billion in the fourth quarter ended December 31

Under Armour warns of higher freight expenses

Under Armour has today warned that its profit margin would be under pressure in the current quarter, as the sportswear maker incurs high transportation costs due to Covid-19-led disruptions to its supply chain.

Business • 11 Feb 22

Under Armour said its net revenue rose to $1.26 billion in the first quarter ended March 31, beating analysts' average

Under Armour raises its annual forecasts

Under Armour has today raised its annual profit and sales forecasts after reporting a 35% jump in quarterly revenue, as reopening markets in the US and Asia fuel demand for the company's sports shoes and apparel.

Business • 04 May 21

Under Armour has been boosted by a surge in online demand

Under Armour forecasts revenue above estimates

Under Armour has today forecast full-year revenue above analysts' estimates, boosted by a surge in online demand from shoppers looking for running shoes and other fitness gear for outdoor workouts.

Business • 30 Oct 20

Under Armour shares closed 19% lower after a report said it was being investigated for shifting sales to appear financially healthier

Under Armour cuts revenue forecast, probe hits shares

Under Armour last night cut its forecast for annual revenue for a second time this year, the latest sign of problems for the sportswear maker that is facing a federal probe into its accounting practices.

Business • 05 Nov 19

Under Armour has shut underperforming stores, cut jobs and revamped its supply chain

Under Armour raises profit forecast after upbeat Q1

Under Armour today raised its full-year earnings forecast and beat estimates for quarterly profit, as it kept a tight lid on costs and sold more sneakers in international markets.

Business • 02 May 19

The affected data includes account names, email addresses and scrambled passwords for the MyFitnessPal mobile app and website

Under Armour says 150m affected in data breach

Sports gear maker Under Armour has reported a data breach of its MyFitnessPal mobile app, affecting some 150 million user accounts.

World • 30 Mar 18

Donald Trump was speaking to reporters in Trump Tower

Blame on both sides in Charlottesville clashes - Trump

US President Donald Trump has said both sides were to blame in the clashes in Virginia, adding that protesters on the political left violently attacked white nationalists rallying against a decision to remove a Confederate statue.

US • 15 Aug 17

Nike has reported a third-quarter profit of 68 cents per share

Nike's revenue misses estimates as rivals gain ground

Nike last night reported lower-than-expected quarterly revenue as the world's largest footwear maker battles for market share in North America with a resurgent Adidas and a fast-growing Under Armour.

Business • 22 Mar 17

Under Armour