Dick’s Sporting Goods Shares Plunge After Cutting Full-Year Outlook on Weak Athletic Demand
Dick’s reported weaker-than-expected Q2 results and reduced its full-year forecast as cautious consumers weighed on sporting goods sales.
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Under Armour Posts Small Profit Despite Sales Drop, Cuts Full-Year Revenue Outlook
Under Armour posts small Q1 profit (adj. EPS $0.05 beats estimates) as sales fall 3% to $1.1B. Company cuts full-year revenue outlook on weak North America demand.
Under Armour Shares Slide After Missing Profit Forecasts and Citing Middle East Costs
Under Armour fell after weak outlook, higher costs, and lower sales expected, though profits and margins may improve slightly.
Citi Downgrades Under Armour to Sell Amid Growth Concerns
Citi lowers Under Armour to Sell rating, citing competition, weak direct-to-consumer traffic, and challenges in North America and international markets.
Under Armour Beats Expectations, Raises 2026 Outlook Despite Tariff Headwinds
Under Armour (UA) stock jumps 11% as Q3 results exceed forecasts. Company raises annual profit outlook while navigating tariffs and business transformation with premium product focus.
Fairfax Financial Takes Major Stake in Struggling Under Armour
Fairfax Financial now owns 22% of Under Armour stock, boosting shares 3% in premarket trading. The investment comes after the sportswear company lost Stephen Curry and saw 40% stock decline.