Under Armour narrows Q4 loss as international growth offsets 7% North America decline
Q4 revenue slipped 1% to $1.2B with net loss narrowing to $43.3M from $67.4M. International regions posted strong gains—LatAm +22%, APAC +13%, EMEA +7%—but North America fell 7%. FY revenue down 4% to $5B with $496M net loss. Analysts flag share loss and weak brand positioning into FY27.
Under Armour Q4 revenue fell 1% to $1.2B with narrowed $43.3M loss; North America down 7% while international regions grew. Analysts cite share loss, weak brand positioning, and project continued deterioration into FY27.
Why this matters
Q4 results extend Under Armour's North America weakness flagged in FY26 results, where revenue slid 8% to $2.9B and shares tumbled 16.7%. International gains aren't yet offsetting domestic erosion.
Retail-brand category steady at 166 signals in 90 days, with Under Armour among more pressured names.