Under Armour reports Q4 revenue decline, plans marketing boost for fiscal 2027 growth

Under Armour's Q4 fiscal 2026 revenue fell 1% to $1.2 billion, with North America down 7% but international sales up 10%. The company posted a net loss of $43 million, impacted by higher tariffs and restructuring costs. For fiscal 2027, Under Armour expects slight revenue decline but aims to improve gross margin and increase marketing investment to strengthen its brand and drive growth. Adjusted operating income is forecasted between $140 million and $160 million, reflecting ongoing cost control and strategic investments.