Under Armour forecasts steeper annual sales decline
07/08/2026 12:02
Under Armour forecasts steeper annual sales decline Aug 7 (Reuters) - Under Armour UAA.N forecast a steeper annual decline in revenue on Friday, as the athletic apparel maker struggles with weak consumer spending amid macroeconomic uncertainty in its key North American market.
The company expects full-year revenue to decline by mid-single-digit percentage, compared with its prior target of a "slight decline".
(Reporting by Sanskriti Shekhar in Bengaluru; Editing by Leroy Leo)
Recent news on Under Armour
See all newsPress Digest: Financial Times - October 8
U.S. STOCKS ON THE MOVE-Dynatrace, Fluence Energy, Citi Trends
U.S. STOCKS ON THE MOVE-McKesson, Dick's Sporting Goods, Madison Air Solutions
US sportswear firms fall after Dick's Sporting Goods cuts annual forecasts
Dick's Sporting Goods falls after cutting annual forecasts