Under Armour forecasts annual sales and profit below estimates

PUMA SE

06/11/2025 12:01

Nov 6 (Reuters) - Under Armour UAA.N forecast annual revenue and profit below Wall Street estimates on Thursday, as the sportswear maker faces a demand decline and rising tariff costs.

The company now expects FY2026 revenue to decrease 4% to 5%, largely below analysts' average estimate of a 4% decrease, according to data compiled by LSEG.

It sees annual adjusted profit per share between 3 cents and 5 cents, compared with analysts' average estimate of 6 cents per share.

 (Reporting by Sanskriti Shekhar and Neil J Kanatt in Bengaluru; Editing by Pooja Desai)

 ((Sanskriti.Shekhar@thomsonreuters.com))