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Under Armour Reports Weak Q3 Earnings and Revenue Decline

Under Armour Inc. (UAA) faces challenges as Q3 results show significantly lower earnings and revenue compared to last year, leading to cautious EPS guidance. Investors may react negatively to these figures as concerns linger over its financial performance.

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AI Rating:   4

Earnings Per Share (EPS): Under Armour reported an EPS of $0.00 for Q3, a drastic drop from $0.25 in the same period last year. This negative shift indicates a struggle to maintain profitability.

Revenue Growth: The revenue for Q3 was reported at $1.401 billion, down from $1.486 billion year-over-year. This decline in revenue raises concerns about the company's sales performance in a competitive market.

Guidance: The company has provided a full-year EPS guidance of $0.28 to $0.30, which may convey a sense of limited growth potential in the upcoming periods. Given the previous year's EPS was at a higher level, this guidance reflects a cautious outlook.