Under Armour (UAA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Under Armour reported $1.4 billion in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 5.7% and an EPS of $0.08 compared to $0.19 a year ago, with a revenue surprise of +4.73% over the Zacks Consensus Estimate of $1.34 billion and an EPS surprise of +166.67% over the consensus estimate of $0.03 [1] Revenue Performance - Total revenue from North America was $843.62 million, exceeding the average estimate of $790.73 million, but representing a -7.8% change year-over-year [4] - Asia-Pacific revenues were $201.11 million, surpassing the average estimate of $195.51 million, with a year-over-year decline of -5.1% [4] - EMEA revenues reached $297.89 million, above the average estimate of $289.50 million, showing a +4.9% year-over-year increase [4] - Latin America revenues were $58.99 million, below the average estimate of $68.39 million, reflecting a -15.5% year-over-year change [4] Product Revenue Breakdown - Apparel revenues totaled $966.07 million, exceeding the average estimate of $909.22 million, with a year-over-year decline of -5% [4] - Footwear revenues were $301.21 million, slightly below the average estimate of $303.58 million, showing a -9% year-over-year change [4] - License revenues were $23.90 million, significantly below the average estimate of $45.29 million, with a year-over-year decline of -17.8% [4] - Accessories revenues reached $110.43 million, surpassing the average estimate of $97.97 million, reflecting a +5.7% year-over-year increase [4] Distribution Channel Performance - Wholesale revenues were $704.76 million, exceeding the average estimate of $631.75 million, with a -1% year-over-year change [4] - Direct to Consumer revenues were $672.95 million, slightly below the average estimate of $681.15 million, showing a -9.1% year-over-year decline [4] Stock Performance - Under Armour shares returned +1.9% over the past month, compared to the Zacks S&P 500 composite's +2.1% change, with a current Zacks Rank of 3 (Hold), indicating potential performance in line with the broader market [3]