Under Armour, Inc. (NYSE:UAA) (NYSE:UA) shares fell after the company reported fiscal second-quarter 2026 results that beat Wall Street expectations but lowered its full-year outlook.

Adjusted EPS came in at 4 cents, topping the 2 cents estimate, while revenue of $1.33 billion beat forecasts of $1.31 billion.

Total revenue declined 5% year-over-year, or 6% on a currency-neutral basis. GAAP diluted loss per share was 4 cents.

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“We delivered results ahead of our prior outlook this quarter and are encouraged to see signs of brand momentum in North America, an important milestone in our turnaround,” said President and CEO Kevin Plank. “With our strategy, operating model, and go-to-market approach firmly in place, we’re staying disciplined and focused.”

Regional Performance And Channel Breakdown

North America revenue fell 8% to $792 million, while international sales rose 2% to $551 million, driven by 12% growth in EMEA and 15% in Latin America, partly offset by a 14% decline ...