Under Armour

Q1 FY2027 EarningsQ1 FY27 results showed a top-line miss with revenue of $1.1B vs. $1.11B expected, primarily due to a 9% decline in North America. However, adjusted EPS of $0.05 significantly beat the $0.0167 consensus, driven by a one-time IEEPA tariff refund that boosted gross margin to 54.1% (vs. 54.4% expected). Management lowered full-year revenue guidance to a mid-single-digit decline while maintaining the profit outlook, citing softer demand in North America and Asia-Pacific.