Core Insights - Under Armour reported earnings per share of $0.09, exceeding the estimated loss of $0.015, and revenue of approximately $1.33 billion, surpassing the estimated $1.16 billion [1][5] Group 1: Financial Performance - The company's third-quarter revenue decline was smaller than anticipated due to successful turnaround efforts aimed at simplifying its product assortment [3] - Under Armour's adjusted operating results for the third quarter surpassed expectations, indicating positive progress [3] Group 2: Revenue Expectations - Despite positive earnings, Under Armour has adjusted its revenue expectations for fiscal 2026, anticipating a decline at the milder end of its forecast [2][5] - The company faces challenges such as weak demand in North American and Asia-Pacific markets and ongoing tariff pressures [2][5] Group 3: Valuation Metrics - The price-to-sales ratio is about 0.60, indicating investors pay 60 cents for every dollar of sales [4] - The enterprise value to sales ratio is approximately 0.90, reflecting the company's valuation relative to its revenue [4] - The debt-to-equity ratio is about 1.02, suggesting slightly more debt than equity, while the current ratio is approximately 1.69, indicating good liquidity to cover short-term liabilities [4]
Under Armour's Financial Performance and Outlook