Under Armour Reports Q4 Revenue Decline, $43M Net Loss; Fiscal 2027 Outlook Points to Stabilization
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Under Armour (UAA, UA) announced its fourth quarter fiscal 2026 results, reporting a 1% decrease in revenue to $1.2 billion, with North America revenue declining 7%. The company's gross margin fell significantly by 470 basis points to 42.0%, leading to a net loss of $43 million, or $0.10 diluted loss per share. For the full fiscal year 2026, revenue decreased 4% to $5.0 billion, with North America down 8%. CEO Kevin Plank noted ongoing efforts to reset the business and expects the 'topline stabilizes in fiscal 2027,' indicating continued challenges rather than a return to growth. These results follow a substantial net loss reported in Q3 Fiscal 2026, highlighting persistent operational and market headwinds. Traders will closely monitor the company's ability to execute its turnaround strategy and achieve actual growth and margin improvement in the upcoming fiscal year.
At the time of this announcement, UAA was trading at $6.10 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.5B. The 52-week trading range was $4.13 to $8.15. This news item was assessed with negative market sentiment and an importance score of 9 out of 10. Source: PR Newswire.