Under Armour Maintains Fiscal 2027 Operating Income Outlook While Lowering Gross Margin Guidance
Under Armour (UAA) has reaffirmed its fiscal 2027 adjusted operating income guidance, projecting a range of $140 million to $160 million. Despite meeting revenue expectations for the second quarter, the company has revised its outlook for gross margin expansion downward to a range of 170 to 220 basis points. CEO Kevin Plank emphasized that the company's strategic priority remains brand strengthening through product innovation and improved execution consistency. While current quarterly performance met top-line expectations, the reduction in margin expansion guidance suggests potential headwinds in profitability or cost management as the company executes its long-term turnaround strategy.
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