NYSE:UAALuxury
Under Armour (UAA) Is Down 20.4% After Extending Restructuring And Issuing Weaker 2027 Guidance
Under Armour recently reported fiscal 2026 results showing annual sales of US$4,966.37 million and a net loss of US$495.64 million, while issuing fiscal 2027 guidance that calls for a slight year-over-year revenue decline and GAAP diluted loss per share between US$0.04 and US$0.00.
At the same time, the company extended its restructuring plan and announced an R&D collaboration with Persona AI on performance materials for humanoid robotics, underscoring both the depth of its reset and its...