Under Armour is trading at $5.47 (-6.81%) after management lowered fiscal 2027 revenue guidance to a mid-single-digit decline from a slight decline.
- Quarterly revenue fell approximately 3% to $1.10 billion, missing the $1.11 billion analyst estimate, despite adjusted earnings beating expectations.
- The decline is company-specific rather than broad-market driven; major indexes were relatively mixed on August 11, 2026.