CORRECTED-BUZZ-Under Armour tumbles as Q2 sales forecast comes in below estimates

Reuters

08/08

CORRECTED-BUZZ-Under Armour tumbles as <a href="https://laohu8.com/S/QTWO">Q2</a> sales forecast comes in below estimates

Corrects last bullet to say stock is down 19% YTD, not up

** Shares of Under Armour UAA.N down 14% at $5.95 premarket

** Apparel maker forecasts Q2 revenue below estimates, hurt by muted demand in North America due to tariff uncertainties

** Expects quarterly revenue decline between 6% and 7%, compared to estimates of a 2.9% drop, according to data compiled by LSEG

** Warns of a gross margin drop of 340 to 360 basis points in Q2, primarily due to supply-chain headwinds tied to anticipated tariff impact

** Posts first-quarter adjusted profit per share of 2 cents, below estimates of 3 cents

** Up to last close, stock down about 19% YTD

(Reporting by Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))

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anticipated tariff impact</p><p>** Posts first-quarter adjusted profit per share of 2 cents, below estimates of 3 cents</p><p>** Up to last close, stock <span>down </span>about 19% YTD</p><p> (Reporting by Anshi Sancheti in Bengaluru)</p><p> ((Anshi.Sancheti@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CORRECTED-BUZZ-Under Armour tumbles as Q2 sales forecast comes in below estimates</title>\n<style 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19:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>CORRECTED-BUZZ-Under Armour tumbles as <a href=\"https://laohu8.com/S/QTWO\">Q2</a> sales forecast comes in below estimates</title></head><body><p>Corrects last bullet to say stock is down 19% YTD, not up</p><p>** Shares of Under Armour <span>UAA.N</span> down 14% at $5.95 premarket</p><p>** Apparel maker forecasts Q2 revenue below estimates, hurt by <span>muted demand</span> in North America due to tariff uncertainties </p><p>** Expects quarterly revenue decline between 6% and 7%, compared to estimates of a 2.9% drop, according to data compiled by LSEG</p><p>** Warns of a gross margin drop of 340 to 360 basis points in Q2, primarily due to supply-chain headwinds tied to anticipated tariff impact</p><p>** Posts first-quarter adjusted profit per share of 2 cents, below estimates of 3 cents</p><p>** Up to last close, stock <span>down </span>about 19% YTD</p><p> (Reporting by Anshi Sancheti in Bengaluru)</p><p> ((Anshi.Sancheti@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"UAA","symbol_name":"安德玛公司A类股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250808:nL6N3U00H3:1","article_id":"2557299215","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2557299215","pubTimestamp":1754653138,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"CORRECTED-BUZZ-Under Armour tumbles as Q2 sales forecast comes in below estimatesCorrects last bullet 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