Under Armour forecasts downbeat second-quarter sales
08/08/2025 11:59
Aug 8 (Reuters) - Under Armour UAA.N forecast second-quarter revenue below estimates on Friday as the sportswear maker grapples with muted demand in North America due to still-high inflation and tariff uncertainty. The company now expects quarterly revenue to decline between 6% and 7%, compared with analysts' average estimate of a 2.9% drop, according to data compiled by LSEG. (Reporting by Neil J Kanatt in Bengaluru; Editing by Devika Syamnath) ((Neil.JKanatt@thomsonreuters.com;))
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