Under Armour posts quarterly loss as revenue slips and tariffs squeeze margins |
Under Armour posts quarterly loss as revenue slips and tariffs squeeze margins
The Baltimore athletic-gear maker lost $43.4 million in the quarter and warned fiscal 2027 revenue will decline again
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Under Armour $UAA reported a net loss of $43.4 million for its fiscal fourth quarter, as revenue fell and tariffs compressed margins, the company said Tuesday.
Revenue for the three months ended March 31 declined 1% to $1.17 billion, with North America revenue down 7% to $640.9 million. International revenue rose 10% to $539 million, partially offsetting the domestic decline, the company said.
A combination of........