Under Armour C 2026 Q1 Earnings Strong Improvement in Net Loss

Under Armour C reported its fiscal 2026 Q1 earnings on Aug 08th, 2025. The results showed a significant narrowing of losses and a strategic focus on cost management and digital transformation.

Under Armour C reported a 4.2% decline in total revenue to $1.13 billion in 2026 Q1, compared to $1.18 billion in the same period the previous year. This reflects the challenges the company faces in maintaining consistent growth across its core markets.

Revenue

Earnings/Net Income
Under Armour C significantly narrowed its losses, with a loss per share of just $0.01 in 2026 Q1, representing a 98.6% improvement from the $0.70 per share loss in 2025 Q1. On a broader scale, the company reduced its net loss to $-2.61 million in 2026 Q1, a 99.1% decrease from the $-305.43 million loss in the prior year. These figures suggest a notable shift in the company’s financial trajectory, though earnings remain negative overall.

Price Action
The stock price of Under Armour C edged up 1.37% during the latest trading day. However, it has declined sharply in the recent trading week by 16.16% and dropped by 21.36% month-to-date, indicating continued volatility and investor caution.

Post-Earnings Price Action Review
A strategy of buying Under Armour C shares after a quarterly revenue decline on the report date and holding for 30 days would have resulted in a negative return of -19.29% over the past three years. This outperformed the benchmark only in its poor performance, with a -67.20% excess return and an annualized return of -6.97%. The strategy exhibited high volatility, a maximum drawdown of 0.00%, and a Sharpe ratio of -0.16, making it a risky and unprofitable investment approach.

CEO Commentary
During the 2026 Q1 earnings call, Under Armour CEO emphasized the company's challenges in maintaining consistent growth across core markets. He highlighted mixed performances in product categories and regional sales. Strategic investments in digital transformation and direct-to-consumer channels were identified as key growth drivers. He also underscored the importance of disciplined cost management and brand innovation in reinforcing the company’s market position. Despite ongoing competitive pressures, the CEO expressed cautious optimism about the long-term value of the company’s strategic direction.

Guidance
Under Armour outlined a strategy of continued investment in key initiatives, particularly in enhancing customer engagement and expanding product offerings. The company emphasized maintaining a disciplined approach to capital allocation, though it did not provide specific quantitative targets for revenue, EPS, or CAPEX. The CEO reiterated the importance of operational efficiency as a foundation for sustainable growth.

Additional News
In recent news from Nigeria, the country’s Federal Government has refused to accept deportees from the United States, distancing itself from decisions made by countries like Rwanda and South Sudan. This comes as the United States ambassador to Nigeria defended new visa rules as part of national security measures. Meanwhile, Nigeria’s Foreign Direct Investment dropped sharply by 70.06% quarter-on-quarter in Q1 2025, signaling broader economic concerns. In corporate news, three directors of Sterling Financial Holding Company have invested N341.6 million in company shares, while Dangote Cement was named Cement Company of the Year at the Africa International Housing Show.