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Under Armour is slashing its full-year revenue outlook as its turnaround stalls

The athletic apparel company now expects full-year revenue to fall at a mid-single-digit rate, compared with its prior forecast of a slight decline

Under Armour $UAA cut its full-year revenue outlook on Friday, citing weaker-than-expected consumer demand, particularly in North America and Asia-Pacific. Under Armour's revised guidance calls for fiscal 2027 revenue to drop at a mid-single-digit pace, a steeper projected decline than the modest dip it had previously anticipated.

North America revenue, the company's largest segment, fell 9% to $609.8 million in the quarter ended June 30. Total revenue for the quarter declined 3% to $1.10 billion, the company said.........

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