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Under Armour forecasts quarterly sales below estimates
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Under Armour forecasts quarterly sales below estimates
May 26, 2025 6:35 AM

May 13 (Reuters) - Sportswear maker Under Armour ( UAA )

on Tuesday forecast first-quarter revenue below Wall Street

estimates, as U.S. President Donald Trump's trade tariffs have

fueled recessionary fears and are hindering the sportswear

maker's turnaround efforts.

The company expects revenue for the current quarter to

decline 4% to 5%, compared with analysts' expectations of a 1.9%

fall, according to data compiled by LSEG.

(Reporting by Neil J Kanatt and Savyata Mishra in Bengaluru;

Editing by Shinjini Ganguli)

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