Under Armour: quarterly sales exceed expectations

Published: 2025-05-13 08:16:18 ET UAA

Published on 05/13/2025 at 08:16

Under Armour reported better-than-expected Q4 revenue on Tuesday and unveiled higher-than-expected targets for the current quarter.The US sports equipment manufacturer announced that its revenue fell 11% in the three months to the end of March to $1.20bn, but this was still above the consensus forecast of $1.16bn.The Baltimore-based group posted an adjusted net loss of $35m over the period, or eight cents per share, in line with analysts' forecasts.Citing the uncertainty inherent in trade policies and the economic situation, the sports apparel and footwear manufacturer said it expects a 4% to 5% decline in revenue in Q1 from early April.Adjusted EPS is expected to be around two to three cents, slightly above the consensus forecast of break-even (0).On the New York Stock Exchange, Under Armour shares were expected to rise over 2% on Tuesday morning when the markets open, ollowing the release of these results.Copyright (c) 2025 CercleFinance.com. All rights reserved.