Under Armour down as sportswear maker forecasts annual results below estimate, names new CFO

Under Armour

06/11/2025 14:01

** Shares of Under Armour UAA.N down about 1% at $4.56 premarket

** Co forecast annual revenue and profit below estimates on decline in demand and rising tariff costs

** Now expects FY 2026 revenue to decrease between 4% and 5%, vs estimate of 4% decrease- data compiled by LSEG

** Sees annual adjusted profit per share between 3 cents and 5 cents, compared with analysts' average estimate of 6 cents per share

** Co appoints Reza Taleghani as CFO, effective February 2026, as David Bergman steps down

** Up to last close, stock down nearly 44.3% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))