Under Armour Beats Revenue Estimates Despite Quarterly Sales Decline

The sportswear maker reported a five percent revenue decline to $1.33 billion. Turnaround efforts helped stabilize demand during the recent holiday season.

Insights:
Under Armour, Inc. reported a smaller-than-expected decline in third-quarter revenue on February 6, 2026, as the company’s turnaround efforts began to show signs of stabilizing demand. The apparel maker posted revenue of $1.33 billion for the quarter ended December 31, representing a 5% year-over-year decrease. This figure surpassed the consensus estimate from Wall Street analysts and LSEG, which had projected a more severe 6.3% decline to $1.31 billion.
People walk by an Under Armour store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly
People walk by an Under Armour store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly
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