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Under Armour shares fall 17.85% intraday after issuing weak Q2 earnings outlook and revenue decline.
ByAinvest
Friday, Aug 8, 2025 3:03 pm ET1min read
Under Armour, Inc. declined 17.85% intraday, with the company providing financial guidance for the second quarter of fiscal year 2026, expecting revenue to decline 6% to 7%. JP Morgan reiterated its Sell rating and lowered the target price from USD 6 to USD 5. Additionally, Under Armour forecasted second-quarter revenue below estimates due to muted demand in North America and tariff uncertainty.
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