$UA

Lululemon (LULU) and Under Armour (UAA) shares fell 4% each, while Nike (NKE) dropped 2% amid a broader retail selloff. Lululemon reported Q2 FY2026 revenue of $2.42B, down 4.3% YoY, and lowered full-year guidance. The SPDR S&P Retail ETF (XRT) declined 2%, less than the athletic apparel sector. U.S. retail sales rose 0.8% in September, contrasting with the selloff driven by sentiment toward premium apparel.

Figs (FIGS) reported Q2 revenue of $196.6M, up 28.8% YoY, beating estimates. Stitch Fix (SFIX) reported $324.4M, up 4.2%, missing EBITDA estimates. Tapestry (TPR) reported $1.88B, up 8.9%, in line with expectations. VF Corp (VFC) reported $1.67B, up 1.3%, beating revenue estimates. Figs stock is up 64.8%, while Stitch Fix, Tapestry, and VF Corp are down 15.2%, 25.2%, and 11.3% respectively since reporting.

Under Armour (NYSE: UA, UAA) will release its Q2 fiscal 2027 results on November 6, 2026. A conference call is scheduled for 8:30 a.m. ET to discuss the results, which will be webcast live and available for replay on the company's Investor Relations website.

Under Armour will release its quarterly results at 6:55 a.m. ET on Nov. 6, followed by a conference call at 8:30 a.m. ET. The call will be webcast live and available for replay on the company's Investor Relations website. Under Armour is a global performance brand based in Baltimore, Maryland.

Stifel forecasts rising costs in transportation, manufacturing, labor, and raw materials may reduce operating margins for active lifestyle companies by 1.75% in 2027, with potential mitigation cutting that to 0.9%. Higher freight, diesel, and material prices are cited as key factors. Companies with higher margins, like Birkenstock and Crocs, are seen as more insulated, while others, such as Under Armour and Nike, face greater risks.

Columbia Sportswear (COLM) stock fell 9.2% post-earnings, trading at $57.03. Figs (FIGS) reported $196.6M revenue, up 28.8% YoY, beating estimates, with stock up 40.1% to $15.75. Stitch Fix (SFIX) revenue rose 4.2% YoY to $324.4M, missing EBITDA estimates, stock flat at $2.81. Levi's (LEVI) revenue up 4.3% YoY to $1.61B, met expectations, stock down 4.4% to $18.69. Under Armour (UAA) revenue down 3.2% YoY to $1.1B, missed expectations, stock down 22.6% to $4.96.

Lululemon (LULU) and Under Armour (UAA) are reducing product lines to improve profitability amid consumer spending cuts. LULU reported Q2 revenue of $2.4B, down 4%, and cut its full-year outlook. UAA reduced its full-year revenue outlook in August. Dollar General (DG) and BJ's Wholesale Club (BJ) are also trimming SKUs to manage inventory and focus product offerings.

Major US retailers, including Dollar General, BJ's Wholesale Club, Lululemon, and Under Armour, are reducing product lines to improve profitability and inventory control. Dollar General cut 1,500 SKUs by March 2026. Under Armour reduced SKUs by 25% and plans another 25% cut. Lululemon reduced North American SKUs by 15% in September. BJ's intends to cut 20% of its assortment.

Northwestern extended its apparel deal with Under Armour for 10 years, expiring in 2037. The deal includes increased apparel, investment, and NIL opportunities for athletes. The partnership expands across five areas, including new uniform designs and enhanced performance gear for all varsity programs. Under Armour's offer surpassed competitors, and the deal was bolstered by Kevin Plank's return as CEO.

G-III (GIII) raised full-year guidance but underperformed estimates, with shares down 16.2%. Figs (FIGS) reported 28.8% revenue growth, beating estimates, and shares rose 24.3%. Stitch Fix (SFIX) missed EBITDA estimates, with shares down 4.3%. Carter's (CRI) beat revenue expectations but missed guidance, shares down 14.6%. Under Armour (UAA) reported a 3.2% revenue decline, shares down 24.4%.