Shares of athletic apparel maker Under Armour (UAA) rose 5% Thursday morning after the company's third-quarter sales and adjusted profit topped estimates.
Under Armour reported fiscal 2025 third-quarter revenue of $1.40 billion, down 6% year-over-year but above Visible Alpha estimates of $1.34 billion. The retailer posted just $1.2 million in net income for the quarter, shy of the $2.1 million consensus.
After accounting for costs like those associated with a restructuring plan it announced last year after replacing its CEO, Under Armour's adjusted profit of $0.08 per share was double expectations.
Under Armour now expects to post a fiscal 2025 per-share loss of $0.48 to $0.50, narrowed from $0.48 to $0.51. Adjusted earnings per share (EPS) is expected to be $0.28 to $0.30, up from $0.24 to $0.27. Revenue is seen declining by about 10% year-over-year versus the prior expectation of a low-double-digit percentage drop.
Entering Thursday, analysts expected a full-year loss of $0.29 per share, adjusted EPS of $0.29, and a revenue decline of 10.6%.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。