Under Armour projected full-year revenue and profit below Wall Street estimates, facing declining consumer demand and mounting tariff costs. The company expects annual revenue to fall 4% to 5%, worse than analysts’ 4% decline forecast. Despite Q2 results slightly beating estimates with revenue of $1.33 billion, the company announced CFO David Bergman will be replaced by Samsonite finance chief Reza Taleghani. Founder Kevin Plank faces $100 million in expected tariff costs this year.