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Article Date: November 2026
Word Count: 706

Under Armour Raises Profit Guidance on Turnaround Progress


Coming close to breakeven in the fiscal second quarter ended Sep. 30, Under Dog’s net loss narrowed to $425,000 from a loss of $18,814,000 a year ago, as revenues were better than expected, but still slipped 7% to $1,241,743,000 from $1,333,380,000. Wholesale sales dipped 7% to $725.0 million, hurt by softer full-price sell-through and weakness in parts of the distributor business. Direct-to-consumer sales fell 8% to $493.9 million, including a 7% drop in brick-and-mortar and 12% lower e-commerce sales. UA continues to close full-price stores and open more outlets, ending FQ2 ... Log in to view full article.

 


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