Under Armour Posts Strong Q3: Reinstated FY26 Guidance Suggest 'Ongoing Challenges,' Analysts Say
1. Under Armour reported adjusted Q2 earnings of four cents, beating expectations. 2. Management projects 4%-5% revenue decline for fiscal 2026, especially in North America. 3. Analyst ratings remain cautious, with underweight and market perform assessments at $5. 4. Reinstated guidance for fiscal 2026 is below expectations, indicating ongoing struggles. 5. Shares rose 0.77% to $4.59 in early trading despite challenging outlook.