$UAA

Under Armour, Inc. (UA) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. Item 5.07. Submission of Matters to a Vote of Security Holders. The Annual Meeting of Stockholders (the “Annual Meeting”) of the Company was held on August 26, 2026. At the Annual Meeting, the stockholders voted on four proposals and cast their votes as described below. The recor

Under Armour launches P-Star, a new performance label in partnership with rapper Gunna, who serves as creative director. The first product, the Gunna x Under Armour Scorpio sneaker, debuts August 27, 2026, alongside apparel. P-Star focuses on fitness and performance wear, with broader releases planned for 2027.

Major apparel brands Nike (NKE), Lululemon (LULU), Under Armour (UAA), and V.F. Corp. (VFC) have seen significant declines in market value over the past five years, with VFC losing 76.3%. Nike reported $46.4B in fiscal 2026 revenue and faces challenges in China. LULU lowered its sales outlook, while UAA and VFC are restructuring. Year-to-date, UAA is up 36%, while others have declined 7%-42%.

The Third Circuit revived a lawsuit against Caesars Entertainment and others, alleging price coordination in Atlantic City casino-hotels. Food companies sued sugar producers for alleged price-fixing. DirecTV's lawsuit against Nexstar Media Group over retransmission fees was allowed to proceed. Under Armour dismissed antitrust claims by a former supplier. Mexico's CNA prioritized antitrust enforcement in the agri-food sector. Poland's UOKiK investigated credit scoring practices and charged a used

American Airlines (AA) and United Airlines (UA) reported separate tire failures on their flights at Chicago O'Hare. AA's Boeing 737-800 had 2 tires burst during landing, while UA's Airbus A320 experienced a tire issue upon arrival. Both incidents are under FAA investigation, with no injuries reported.

A Markets Brief says software stocks have rebounded, citing Morningstar’s Dan Romanoff that the “AI kills software” narrative is fading as companies improve efficiencies, monetize AI offerings, and focus on profitability. It highlights examples including Atlassian, HubSpot, and Figma. It also previews retailer earnings starting with Home Depot, Lowe’s, Target, TJX, and Walmart, and discusses Bank of America’s view that AI investment is inflationary near term via July CPI core goods.

Under Armour said its partnership with Dwayne Johnson’s Project Rock line will end before the release of “Jumanji: Open World,” with existing inventory distribution continuing through October 2026. Under Armour attributed the change to refocusing on its UA Train category. Johnson and partner Dany Garcia retain the Project Rock trademark and will seek new manufacturing and distribution partners.

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.

Under Armour reported Q2 revenue of $1.10B, below Wall Street’s $1.11B estimate and down 3.2% year over year, citing softer demand in North America and Asia Pacific and a promotional retail environment. Adjusted EPS was $0.05 vs $0.02 expected, and adjusted operating income rose to $52.39M. Management reiterated full-year Adjusted EPS guidance of $0.10.

Simply Wall St reports Under Armour (UAA) issued updated quarterly and full-year guidance on Aug. 7, 2026, including a GAAP operating loss for the September quarter and a mid single digit revenue decline for fiscal 2027. The article cites mixed valuation models, with a narrative fair value of $6.28 versus a $5.35 close and a DCF cash flow value of $4.31, amid tariff, supply chain, and weak footwear demand risks.