Under Armour shares jump 19.51% after-hours after beating adjusted earnings expectations and raising full-year guidance.

Under Armour (UAA) surged 19.51% in after-hours trading following its third-quarter fiscal 2026 earnings report, which revealed better-than-expected adjusted earnings of $0.09 per share and a raised full-year profit forecast. Despite a 5% revenue decline to $1.33 billion, management highlighted progress in its turnaround strategy, including cost cuts, product simplification, and stronger North American performance. CEO Kevin Plank stated the December quarter marked the "bottom of the reset," signaling stability ahead. The company also updated its restructuring plan, now expected to cost $255 million, and boosted adjusted EPS guidance to $0.10–$0.11 from $0.03–$0.05. These positive developments, coupled with improved operational metrics and optimism about brand momentum, drove the sharp post-earnings rally.