Under Armour Raises FY26 Outlook, Expects Adjusted EPS of $0.10 to $0.11

Under Armour has updated its FY26 outlook, expecting adjusted EPS to range from $0.10 to $0.11, compared to $0.03 to $0.05 previously. The company expects a 4% revenue decline and adjusted operating income of $110 million. Q3 net loss was $430.8 million, with revenue decreasing 5% to $1.33 billion. Despite this, CEO Kevin Plank is encouraged by progress in reigniting brand momentum. Shares are up 3.26% in pre-market trading.