Core Viewpoint - Under Armour's shares have increased by approximately 11.8% since the last earnings report, outperforming the S&P 500, raising questions about the sustainability of this positive trend leading up to the next earnings release [1] Estimates Movement - Estimates for Under Armour have been revised upward over the past month, with the consensus estimate shifting by 1218.18% due to these changes [2] VGM Scores - Under Armour currently holds a poor Growth Score of F and a similar score of F for momentum, while receiving a D grade for value, placing it in the bottom 40% for this investment strategy; the overall aggregate VGM Score is F [3] Outlook - The upward trend in estimates appears promising, with Under Armour holding a Zacks Rank of 3 (Hold), indicating an expectation of an in-line return from the stock in the coming months [4]

Revenue and Sales Performance - In Fiscal 2025, net revenues from apparel, footwear, and accessories represented 67%, 23%, and 8% of total revenues, respectively, with licensing arrangements contributing 2%[22]. - North America accounted for approximately 60% of total net revenues, with $2.8 billion generated from sales in the United States[39][40]. - Direct-to-consumer sales represented 40% of net revenues, while wholesale sales accounted for 58%[36]. - In Fiscal 2025, sales through the wholesale channel represented approximately 58% of the company's net revenues[96]. - Total net revenues for Fiscal 2025 decreased by 9.4% to $5,164.3 million compared to $5,701.9 million in Fiscal 2024[195]. - Direct-to-consumer revenue decreased by 10.5%, while wholesale revenue decreased by 8.1%[190]. - North America net revenue decreased by 11.4%, while EMEA increased by 0.4%[190]. - Total net revenues decreased by $537.6 million, or 9.4%, to $5.16 billion during Fiscal 2025 from $5.70 billion in Fiscal 2024[196]. - Net sales decreased by $509.9 million, or 9.1%, to $5.07 billion during Fiscal 2025, primarily due to lower unit sales in apparel and footwear[198]. - License revenues decreased by $16.7 million, or 15.0%, to $94.6 million during Fiscal 2025, mainly due to lower revenues from North American licensing partners[199]. Operational and Strategic Initiatives - The company aims to enhance consumer engagement through a digital strategy that strengthens brand connectivity[19]. - The company is focused on expanding its wholesale distribution and increasing direct-to-consumer sales channels for long-term growth[19]. - The company has a license agreement with partners in Japan and Australia to expand its market presence in those regions[46]. - The company is investing significantly in enhancing digital shopping capabilities and consumer loyalty programs to adapt to evolving consumer preferences[101]. - The company plans to enhance its digital strategy to improve consumer engagement and brand connectivity[185]. - The company has invested in expanding its network of Brand and Factory House stores and enhancing its digital strategy, which requires substantial cash investments[116]. Financial Performance and Challenges - Net income for Fiscal 2025 was a loss of $201.27 million, compared to a net income of $232.04 million in Fiscal 2024[195]. - Gross profit decreased by $155.5 million to $2.5 billion during Fiscal 2025, while gross margin increased to 47.9% from 46.1%[202]. - Selling, general and administrative expenses increased by $201.5 million, or 8.4%, to $2.60 billion during Fiscal 2025, representing 50.4% of net revenues[205][206]. - The company incurred restructuring charges of $57.97 million in Fiscal 2025, with total estimated charges expected to be between $140 million and $160 million[187][190]. - Restructuring charges increased by $58.0 million during Fiscal 2025, primarily due to employee-related and facility-related charges[208]. - Interest expense, net increased by $6.4 million to $6.1 million during Fiscal 2025, primarily due to a decrease in interest income[210]. - Other expense, net increased by $45.5 million to $13.4 million during Fiscal 2025, primarily due to an earn-out recorded in connection with the sale of MyFitnessPal[214]. - Income tax expense decreased by $32.9 million to a tax benefit of $2.9 million during Fiscal 2025, with an effective tax rate of 1.4%[215]. Market and Competitive Landscape - The competitive landscape includes major brands like NIKE, adidas, and PUMA, with the company focusing on brand image and product quality to differentiate itself[59]. - The company operates in a highly competitive market, with competitors having greater resources and brand recognition, which may lead to a loss of market share[88]. - The company faces intense competition for employees and regularly collects feedback to improve the teammate experience[71]. - The company faces significant pricing pressure due to intense competition, which may negatively impact margins and profitability[91]. Supply Chain and Manufacturing - The top five suppliers provided approximately 38% of the fabric used in apparel and accessories, primarily sourced from Taiwan, China, Malaysia, and Vietnam[51]. - In Fiscal 2025, 67% of apparel and accessories products were manufactured in Jordan, Vietnam, Cambodia, and Indonesia[52]. - The company generated approximately 69% of its apparel and accessories products from ten manufacturers in Fiscal 2025, with nine manufacturers producing nearly all of its footwear products[109]. - The company relies on third-party suppliers for raw materials, and disruptions in supply could adversely affect its ability to meet consumer demand and result in lower revenues[110]. - Labor disruptions at ports or suppliers could create significant risks for the company's operations, leading to canceled orders and increased expenses[114]. - The company evaluates all manufacturers for quality systems, social compliance, and financial strength before selection and on an ongoing basis[53]. Human Capital and Organizational Structure - As of March 31, 2025, the company had approximately 14,400 teammates worldwide, with about 6,500 being full-time employees[64]. - The total rewards strategy aims to provide competitive pay and benefits, with approximately 64% of the workforce located in the United States[69]. - The company has a human capital management strategy focused on creating an engaging workplace and retaining talent through development opportunities[63]. - The leadership team includes experienced executives, with Kevin Plank serving as President and CEO since April 2024[72]. - The company has experienced significant changes in its executive management team, which could disrupt business operations and customer relationships[125]. Risks and Regulatory Compliance - Global events, including public health emergencies, can disrupt operations and negatively affect financial results[94]. - Fluctuations in the cost of raw materials and transportation can adversely affect profit margins and financial condition[93]. - Economic downturns or inflation can materially impact consumer discretionary spending, affecting sales and growth expectations[82]. - The company may not be able to mitigate cost increases from tariffs and trade restrictions, which could adversely impact financial results[87]. - Compliance with evolving regulatory standards and data privacy laws could result in significant costs and impact profitability[138]. - The company is exposed to currency exchange rate fluctuations, which could materially impact financial results[134]. - The company has identified a material weakness in its internal control over financial reporting as of March 31, 2025, which could lead to material misstatements in financial statements and a decline in stock price[149]. - The company is actively engaged in remediation efforts to address the identified material weakness, but there is no guarantee of success in promptly resolving it[151]. - The company has significant ongoing legal proceedings that could adversely affect its business, reputation, financial condition, and stock price[147]. Cybersecurity and Technology - The company has implemented a cybersecurity program aligned with its enterprise risk management program to mitigate data security threats[156]. - The company engages independent third parties for regular penetration testing and cybersecurity audits to enhance its information security[157]. - The company maintains cyber liability insurance to help cover financial losses from cybersecurity incidents, although it may not cover all types of incidents[156]. - The company depends heavily on information technology for its operations, and any failure or interruption could harm its business effectiveness[121]. Real Estate and Facilities - The company leases approximately 3.5 million square feet of distribution facilities across Maryland, Tennessee, and California, with plans to exit the Rialto, California facility by March 2026[165]. - The company operates 441 Brand and Factory House retail stores across various countries, with lease termination dates extending through 2038[166]. - The company has moved its principal executive and administrative offices to a newly owned complex in Baltimore, Maryland, while evaluating options for its previous office space[164].

Shares of athletic wear name Under Armour Inc (NYSE:UAA) are up 0.8% to trade at $6.26 this morning, enjoying a post-earnings lift on the charts. The company posted a narrower-than-expected fiscal fourth-quarter loss and topped revenue estimates. CEO Kevin Plank said turnaround efforts are paying off, despite the "complex macroeconomic backdrop" with tariff tensions. UAA is facing off with its 80-day moving average and remains 24.5% lower for 2025. May has had a strong start however, with the shares up near ...

For the quarter ended March 2025, Under Armour (UAA) reported revenue of $1.18 billion, down 11.4% over the same period last year. EPS came in at -$0.08, compared to $0.11 in the year-ago quarter.The reported revenue represents a surprise of +1.52% over the Zacks Consensus Estimate of $1.16 billion. With the consensus EPS estimate being -$0.09, the EPS surprise was +11.11%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine t ...

Group 1 - Under Armour reported a quarterly loss of $0.08 per share, better than the Zacks Consensus Estimate of a loss of $0.09, and compared to earnings of $0.11 per share a year ago, representing an earnings surprise of 11.11% [1] - The company posted revenues of $1.18 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.52%, but down from $1.33 billion year-over-year [2] - Under Armour has surpassed consensus EPS estimates four times over the last four quarters and has topped consensus revenue estimates four times as well [2] Group 2 - Under Armour shares have declined approximately 25% since the beginning of the year, while the S&P 500 has only declined by 0.6% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to those expectations [4] - The current consensus EPS estimate for the upcoming quarter is breakeven on $1.17 billion in revenues, and $0.36 on $5.1 billion in revenues for the current fiscal year [7] Group 3 - The Zacks Industry Rank indicates that the Textile - Apparel industry is currently in the bottom 23% of over 250 Zacks industries, suggesting potential underperformance compared to higher-ranked industries [8] - Another company in the same industry, Guess, is expected to report a quarterly loss of $0.51 per share, reflecting a year-over-year change of -88.9%, with revenues projected at $630.96 million, up 6.6% from the previous year [9]

Revenue Performance - Fourth quarter revenue decreased 11% to $1.2 billion, with North American revenue down 11% to $689 million and international revenue down 13% to $489 million[3]. - Full year revenue decreased 9% to $5.2 billion, with North American revenue down 11% to $3.1 billion and international revenue down 6% to $2.1 billion[8]. - Net revenues for the three months ended March 31, 2025, were $1,180,583, a decrease of 11.4% compared to $1,332,197 for the same period in 2024[22]. - The company's total net revenue declined by 9.4% year-over-year, with a currency-neutral net revenue growth of -8.9%[35]. - North America experienced a GAAP net revenue decline of 11.4%, while the Asia-Pacific region saw a significant decline of 13.5%[35]. Profitability and Loss - Operating loss for the fourth quarter was $72 million, with an adjusted operating loss of $36 million after excluding transformation and restructuring expenses[3]. - Adjusted net income for the full year was $135 million, while the net loss was $201 million[8]. - The company reported a net loss of $67,457 for the three months ended March 31, 2025, compared to a net income of $6,568 in the same period of 2024[20]. - For the year ended March 31, 2025, Under Armour reported a net loss of $201.3 million, compared to a net income of $232.0 million for the previous year[32]. - The GAAP diluted net loss per share for the year was $0.47, while the adjusted diluted net income per share was $0.31[44]. Gross Margin and Costs - Gross margin increased 170 basis points to 46.7%, driven by lower product and freight costs and reduced direct-to-consumer discounting[3]. - Gross margin for the first quarter of fiscal 2026 is anticipated to increase by 40 to 60 basis points, driven by a favorable product mix and lower costs[13]. - Gross profit for the three months ended March 31, 2025, was $550,782, representing a gross margin of 46.7%, compared to 45.0% in the same period of 2024[20]. Expenses and Restructuring - Selling, general, and administrative expenses are expected to decrease approximately 40% compared to the first quarter of fiscal 2025, excluding last year's litigation settlement expense[13]. - Adjusted selling, general and administrative expenses for the year were $2.28 billion, down from $2.60 billion in the previous year[38]. - The company incurred restructuring charges of $15,726 for the three months ended March 31, 2025[20]. Stock Repurchase and Cash Position - The company repurchased $25 million of Class C common stock in the fourth quarter, totaling 12.8 million shares repurchased for $90 million under a $500 million program[6]. - The company repurchased $90.0 million in common stock during the year, compared to $75.0 million in the previous year[32]. - Under Armour's cash and cash equivalents decreased to $515.1 million by the end of the period, down from $876.9 million at the beginning[32]. Future Outlook - For the first quarter of fiscal 2026, revenue is expected to decrease 4% to 5% compared to the same period last year[13]. - The company anticipates an operating income of $5 million to $15 million for the first quarter of fiscal 2026, with adjusted operating income projected between $20 million and $30 million[13]. - The company plans to achieve an adjusted income from operations of between $20 million and $30 million for the quarter ending June 30, 2025[48]. Inventory and Assets - Total current assets decreased to $2,329,097 as of March 31, 2025, down from $2,863,682 as of March 31, 2024[30]. - The company reported a decrease in inventory to $945,836 as of March 31, 2025, from $958,495 as of March 31, 2024[30]. - Total liabilities decreased to $2,410,593 as of March 31, 2025, compared to $2,607,448 as of March 31, 2024[30]. Store Operations - As of March 31, 2025, Under Armour operated a total of 441 doors, slightly up from 440 doors in the previous year[51].

Under Armour Inc (NYSE:UAA) will announce its latest quarterly report before the open on Tuesday, May 13. The company is expected to post losses of nine cents per share on revenue of $1.16 billion, both of which are significantly lower than the same quarter last year. At last glance, UAA was up 4.5% at $5.97. The $6 level has kept a tight lid on gains since the stock's April 3 bear gap, along with long-term pressure from the 40-day moving average. Year to date, the equity is down 27.9%. The majority of anal ...

Core Viewpoint - Wall Street analysts anticipate Under Armour (UAA) will report a quarterly loss of $0.09 per share, reflecting a significant year-over-year decline of 181.8%, with revenues expected to be $1.16 billion, down 13.1% from the previous year [1] Earnings Estimates - Over the last 30 days, there has been a 33.3% upward revision in the consensus EPS estimate for the quarter, indicating a collective reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock price performance [3] Revenue Projections by Product - Analysts forecast 'Net revenues by product- Footwear' to reach $300.17 million, indicating a year-over-year decline of 11.1% [4] - 'Net revenues by product- Apparel' are expected to be $758.05 million, reflecting a decrease of 13.6% year-over-year [5] - 'Net revenues by product- Net Sales' are projected at $1.12 billion, down 14.1% from the year-ago quarter [5] - 'Net revenues by product- Accessories' are estimated at $80.22 million, indicating a decline of 10.3% from the prior year [5] - 'Net revenues by product- License revenues' are expected to reach $24.53 million, down 13.8% year-over-year [6] Revenue Projections by Distribution Channel - 'Net revenues by distribution channel- Wholesale' are projected to be $735.44 million, reflecting a year-over-year decline of 13.5% [6] - 'Net revenues by distribution channel- Direct to Consumer' are expected to be $396.87 million, indicating a change of -12.7% from the prior year [7] Regional Revenue Estimates - 'Net revenues- North America' are estimated at $661.06 million, down 14.4% from the previous year [7] - 'Net revenues- Asia-Pacific' are projected at $174.60 million, indicating a significant decline of 23% year-over-year [8] - 'Net revenues- EMEA' are expected to reach $274.97 million, reflecting a change of -3.2% from the prior year [8] - 'Net revenues- Latin America' are projected at $50.19 million, indicating a minimal decline of 0.1% [8] Company Metrics - Analysts estimate 'Total Doors' will arrive at 465, an increase from 440 reported in the same quarter last year [9] - Over the past month, Under Armour shares have recorded a return of +1.6%, compared to the Zacks S&P 500 composite's +11.3% change [9] - Under Armour holds a Zacks Rank 2 (Buy), suggesting it may outperform the overall market in the upcoming period [9]

Under Armour (UAA) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 13, 2025, might help the stock move higher if these key numbers are better than expecta ...

Core Viewpoint - Under Armour (UAA) shows potential for significant upside, with a mean price target of $8.47 indicating a 46% increase from the current price of $5.80 [1] Price Targets and Estimates - The mean estimate consists of 15 short-term price targets with a standard deviation of $2.97, indicating variability among analysts [2] - The lowest estimate is $4, suggesting a 31% decline, while the highest estimate predicts a surge of 158.6% to $15 [2] - Analysts' price targets are often questioned for their reliability, as they may mislead investors rather than provide accurate guidance [3][7] Earnings Estimates - Analysts are optimistic about UAA's earnings, with a consensus indicating better-than-previously estimated earnings [4] - A positive trend in earnings estimate revisions has historically correlated with stock price movements, suggesting potential upside [11] - Over the last 30 days, one estimate has increased, leading to a 0.4% rise in the Zacks Consensus Estimate for the current year [12] Zacks Rank and Investment Potential - UAA holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While the consensus price target may not be a reliable indicator of the extent of UAA's potential gains, it does provide a directional guide for price movement [13]