Under Armour Inc-Class A (NYSE:UAA) Plunges 15.7% Pre-Market After Q1 Earnings and Weak Outlook Miss Estimates

Under Armour Inc-Class A (NYSE:UAA) reported its first-quarter fiscal 2026 earnings, missing analyst expectations on both revenue and earnings per share (EPS). The company’s weaker-than-expected outlook for the second quarter has triggered a sharp pre-market selloff, with shares down approximately 15.7% at the time of writing.

Key Earnings Results vs. Estimates

• Revenue: Reported $1.134 billion, falling short of the consensus estimate of $1.144 billion.
• EPS: Came in at $0.02, below the projected $0.0275.
• Full-Year Estimates: Analysts expect revenue of $5.119 billion and EPS of $0.32 for fiscal 2026.
• Q2 Outlook: The company’s guidance appears to be below expectations, with analysts forecasting $1.372 billion in sales and EPS of $0.26 for the next quarter.

Market Reaction

The steep pre-market decline reflects investor disappointment, particularly with the company’s outlook. Under Armour had been attempting a turnaround, but the weak sales forecast suggests ongoing challenges in demand and execution. The stock had been flat over the past week but is now under significant pressure, erasing recent stability.

Press Release Highlights

• The earnings report covers Q1 fiscal 2026, ending June 30, 2025.
• Management emphasized currency-neutral and adjusted non-GAAP metrics, though these did not offset the headline misses.
• No specific guidance figures were detailed in the press release, but the broader market reaction implies that expectations were not met.

Broader Context

Recent headlines indicate that Under Armour’s recovery efforts have hit a snag, with concerns over consumer demand and competitive pressures weighing on sentiment. The company’s performance in North America, its largest market, remains a focal point for investors.

For a deeper dive into Under Armour’s earnings and future estimates, see the full earnings and estimates breakdown.

Disclaimer: This article is not investment advice. Investors should conduct their own research or consult a financial advisor before making decisions.