UAA reports $0.05 non-GAAP EPS, beating expectations, while revenue misses by $10M amid a 3% annual decline.
Under Armour posted first-quarter non-GAAP earnings per share of $0.05, exceeding estimates by $0.03. Revenue reached $1.1 billion, down 3% year-over-year and $10 million below forecasts.
North America revenue dropped 9% to $610 million, while international sales rose 5% to $490 million, or 2% on a constant-currency basis. EMEA revenue surged 12%, including a 10% increase in constant currency.
The results reflect mixed regional performance despite earnings outperforming expectations.