Under Armour Reports Net Income In Q1; Updates FY27 Outlook

Under Armour reported Q1 net income of $1M versus a $2.6M loss a year ago, moving EPS to breakeven (vs. a loss of $0.01). On a non-GAAP basis, net income rose to $20.99M from the prior-year level (article cut off), suggesting improving profitability.

Analysis

Under Armour reported Q1 net income of $1M versus a $2.6M loss a year ago, moving EPS to breakeven (vs. a loss of $0.01). On a non-GAAP basis, net income rose to $20.99M from the prior-year level (article cut off), suggesting improving profitability.