Under Armour posts $3M net loss in latest quarter
Under Armour reported a 4% YoY drop in revenue to $1.1 billion for the first quarter of fiscal 2026, with a net loss of $3 million and adjusted net income of $9 million. By region, North America revenue fell 5% to $670 million, Asia-Pacific dropped 10%, and Latin America declined 15%, while sales in Europe, the Middle East, and Africa rose 10%. By category, apparel revenue slipped 1% to $747 million, footwear dropped 14% to $266 million, and accessories grew 8% to $100 million.