Under Armour Inc – Class A ( (UAA) ) has released its Q3 earnings. Here is a breakdown of the information Under Armour Inc – Class A presented to its investors.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Under Armour, Inc., based in Baltimore, Maryland, is a prominent designer, marketer, and distributor of athletic performance apparel, footwear, and accessories, known for its innovative products aimed at enhancing athlete performance.
In its third quarter of fiscal 2025, Under Armour reported a 6% decline in revenue to $1.4 billion. Despite this, the company exceeded expectations with a strategic focus on strengthening its brand and transforming its operating model to a category-led approach.
Key financial metrics from the quarter included a gross margin increase of 240 basis points to 47.5%, primarily driven by reduced discounting and lower costs. However, North America saw an 8% revenue drop, while international sales decreased by 1%. Operating income was recorded at $14 million, with an adjusted figure of $60 million after accounting for various charges. Net income stood at $1 million, with adjusted net income at $35 million.
Looking ahead, Under Armour has raised its fiscal 2025 outlook, anticipating a lesser decline in revenue than previously expected, with improvements in gross margin and adjusted earnings per share. The company remains focused on strategic marketing initiatives and operational efficiencies to navigate the competitive landscape and market challenges.
