Under Armour, Inc. (UA): Submission of Matters to a Vote of Security Holders

Under Armour shares fell more than 12% week to date as of Friday premarket, after Barclays analyst Adrienne Yih downgraded the stock to underweight from equal weight while keeping a $5 price target. The move followed Under Armour’s Q1 FY2027 results, with net revenue down 3% to just under $1.1B and adjusted EPS up to $0.05. The company also lowered full-year revenue guidance.

Barclays reshuffled ratings for U.S. apparel retailers, downgrading Under Armour to Underweight and Gap to Equal Weight, while upgrading Abercrombie & Fitch to Equal Weight. Analyst Adrienne Yih kept Under Armour’s price target at $5 and cut Gap’s to $20 from $26. Abercrombie’s target rose to $114 from $78. Shares moved lower for Under Armour and Gap in premarket.

Under Armour (NYSE:UA) reported Q1 results with weaker consumer demand starting late May, citing traffic challenges in North America and China and increased promotions from competitors. Asia-Pacific revenue fell 7% (10% constant currency); China and Southeast Asia missed expectations. Adjusted operating income was $52M vs outlook $30M-$40M; adjusted diluted EPS $0.05. FY2027 revenue is expected to decline mid-single digits; Q2 revenue down high-single digits.

Under Armour (UA) reported fiscal Q1 adjusted diluted EPS of $0.05, above the $0.02 consensus, but revenue fell 3% to $1.1B, slightly below the $1.11B estimate. North America revenue dropped 9% to $610M, while international rose 5% to $490M. The company cut its fiscal 2027 revenue outlook to a mid-single-digit decline and kept operating income guidance.

Under Armour, Inc. (UA) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 UNDER ARMOUR REPORTS FIRST QUARTER FISCAL 2027 RESULTS; MAINTAINS FULL-YEAR PROFITABILITY OUTLOOK WHILE UPDATING REVENUE EXPECTATIONS BALTIMORE, Aug. 7, 2026 – Under Armour, Inc. (NYSE: UAA, UA) today announced unaudited financial results for the first quarter of fis

The Teamsters union said it reached an agreement in principle with United Airlines (UA) for a new contract covering more than 11,000 mechanics and related employees. The bargaining committee voted 19-12 to recommend ratification. Terms cited include a $54 million signing bonus ($5,000 each), accelerated pay progression to top scale from eight to five years, and job and grievance protections.