Under Armour’s Middle East Warning Sparks Nearly 20% Stock Meltdown

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Under Armour, Inc. (NYSE:UA) (NYSE:UAA) shares fell Tuesday after the company reported fourth-quarter results that missed Wall Street earnings expectations and warned that Middle East-related supply chain disruptions will continue weighing on margins in fiscal 2027.

During the quarterly conference call, the company said the disruptions increased freight and sourcing costs during the quarter. Under Armour added that the conflict is expected to remain a headwind in fiscal 2027, although pricing actions and tariff refunds are expected to partially offset the impact.

Fourth-Quarter Results

Under Armour reported an adjusted loss of 3 cents per share for the quarter, missing analyst estimates for a loss of 2 cents per share. Revenue declined 1% year over year to $1.171 …

Full story available on Benzinga.com

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