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Article Date: August 2026
Word Count: 754

Under Armour Lowers Top Line Guidance on N.A., China Weakness


Under Dog’s fiscal first quarter ended June 30 produced a $545,000 net profit against a $2,612,000 loss last year, as revenues declined 3% to $1,097,927,000 from $1,134,068,000. As has often been the case in recent quarters, restructuring and other one-time charges had a big impact on the bottom line, which also got a boost from $70 million in IEEPA tariff refunds. Restructuring expenses totaled $4.0 million, down from $12.8 million a year ago, with another $1.6 million as part of SG&A. Excluding restructuring charges, other transformation expenses and income tax provisions, ... Log in to view full article.

 


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