While reporting financial results for the first quarter on Thursday, Under Armour, Inc. (UA) said it expects a second-quarter loss in the range of $0.07 to $0.08 per share, adjusted earnings in the range of $0.01 to $0.02 per share on a revenue decline of 6 to 7 percent, with low-double-digit percent decrease in North America, high-single-digit percent growth in EMEA, and a low-teens percent decline in the Asia-Pacific region.
On average, analysts polled expect the company to report revenue decline of 1.86 percent to $5.07 billion for the year. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.