Under Armour Q2 revenue falls 7%, operating income beats expectations amid restructuring efforts

Under Armour reported a 7% revenue decline to $1.2 billion in Q2 fiscal 2027, with North America and international sales both down. Despite lower revenue, operating income exceeded expectations at $15 million, helped by cost-cutting and restructuring efforts. The company updated its full-year outlook, expecting mid-single-digit revenue decline but improved operating income between $99 million and $119 million. Challenges include higher costs and foreign exchange headwinds, but Under Armour aims to complete its restructuring plan by year-end.

Under Armour's stock on Pluang is trading at USD 4.88, down 12.07% as of Nov 06, 2026 19:02 WIB, nearing its 52-week low of USD 4.17 and well below its 52-week high of USD 8.14. This sharp decline contrasts with the company's improved operating income outlook despite revenue challenges. Pluang order activity shows a full 100% sell sentiment, reflecting cautious investor behavior amid the restructuring phase.