Under Armour Inc.: Beat — EPS $0.00, Revenue $1.24B
UAUnder Armour Inc.•Q2 2027•Nov 06, 2026, 6:57 AM EST
0
Earnings BeatQ2 2027 · Pre-market
Did Under Armour Inc. (UA) beat earnings today?
Yes, Under Armour Inc. (UA) beat Wall Street analyst expectations for Q2 2027, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+100.00% surprise
$0.00Actual
Expected: -$0.01
vs. year ago -100.0%
Total Revenue+1.78% surprise
$1.24BActual
Expected: $1.22B
vs. year ago -6.9%
Released Nov 06 · 6:57 AM ET
Earning Report
| Metric | Q2 FY27 | Q2 FY26 | YoY Change % |
|---|---|---|---|
| Revenue | $1.24B | $1.33B | -6.9% |
| Revenue detail — reported lines | |||
| └─North America | $737.22M | $791.50M | -6.9% |
| └─EMEA | $290.58M | $317.68M | -8.5% |
| └─Asia-Pacific | $163.48M | $179.18M | -8.8% |
| └─Latin America | $55.42M | $53.81M | +3.0% |
| └─Corporate Other | ($4.97M) | ($8.79M) | - |
| └─Wholesale | $724.99M | $775.05M | -6.5% |
| └─Direct-to-consumer | $493.93M | $538.14M | -8.2% |
| └─Net sales | $1.22B | $1.31B | -7.2% |
| └─License revenues | $27.79M | $28.98M | -4.1% |
| └─Apparel | $880.04M | $936.48M | -6.0% |
| └─Footwear | $233.99M | $263.63M | -11.2% |
| └─Accessories | $104.90M | $113.08M | -7.2% |
| Net Loss | ($425.00K) | ($18.81M) | +97.7% |
| GAAP Basic EPS | $0.00 | -$0.04 | - |
| GAAP Diluted EPS | $0.00 | -$0.04 | - |
| Adjusted Diluted EPS | $0.00 | $0.04 | - |
Financial Outlook / Guidance
| Metric | Q3 FY27 Outlook | FY27 Outlook |
|---|---|---|
| Guidance | Guidance | |
| Operating Income | -$30M--$20M | $99M-$119M (prev. $96M-$116M |
| Adjusted Operating Income | -$5M-$5M | $140M-$160M |
| Diluted EPS | -$0.03--$0.01 | -$0.02-$0.02 (prev. -$0.01-$0.05 |
| Adjusted Diluted EPS | -$0.03--$0.01 | $0.08-$0.12 |
| Revenue | — | mid-single-digit % decline |
| Gross Margin | — | +170-220 bps (prev. +220-270 bps |
| SG&A expense | — | high-single-digit % decrease |
| Adjusted SG&A | — | low-single-digit % decrease |
Q3 FY27 Outlook
- Operating Income
- Guidance-$30M--$20M
- Adjusted Operating Income
- Guidance-$5M-$5M
- Diluted EPS
- Guidance-$0.03--$0.01
- Adjusted Diluted EPS
- Guidance-$0.03--$0.01
- Revenue
- Guidance—
- Gross Margin
- Guidance—
- SG&A expense
- Guidance—
- Adjusted SG&A
- Guidance—
FY27 Outlook
- Operating Income
- Guidance$99M-$119M(prev. $96M-$116M
- Adjusted Operating Income
- Guidance$140M-$160M
- Diluted EPS
- Guidance-$0.02-$0.02(prev. -$0.01-$0.05
- Adjusted Diluted EPS
- Guidance$0.08-$0.12
- Revenue
- Guidancemid-single-digit % decline
- Gross Margin
- Guidance+170-220 bps(prev. +220-270 bps
- SG&A expense
- Guidancehigh-single-digit % decrease
- Adjusted SG&A
- Guidancelow-single-digit % decrease
Business Highlights
- ➤Recorded $13 million of second-quarter costs under the Fiscal 2025 Restructuring Plan.
- ➤Expects the Fiscal 2025 Restructuring Plan to be substantially complete by December 31, 2026.
- ➤Operated 438 company-owned and operated doors at September 30, 2026.
- ➤International company-owned and operated door count was 242 at quarter-end.
- ➤North America company-owned and operated door count was 196 at quarter-end.
- ➤eCommerce represented 27 percent of total DTC revenue for the quarter.
- ➤Management cited actions to sharpen the product offering and amplify global marketing.
- ➤Company described ongoing actions to drive efficiency across the business.
Management Commentary
Kevin Plank, Under Armour President and CEO
“We delivered against our revenue expectation and exceeded our operating income outlook. As we progress in this transformation, we are driving greater efficiency across our business, sharpening our product offering, and amplifying global marketing to strengthen our brand and improve financial performance.”