10:01 AM EDT, 08/07/2026 (MT Newswires) -- (Updates with the company's latest stock move in the headline and in the first paragraph.)

Under Armour ( UAA ) shares fell by more than 5% in early Friday trading after the company missed topline consensus estimates in fiscal Q1 and lowered its revenue projection for fiscal 2027.

The company posted quarterly adjusted earnings of $0.05 per diluted share, up from the $0.02 per share a year earlier.

Analysts polled by FactSet expected a $0.02 per share.

Net revenue for the quarter ended June 30 was $1.10 billion, compared with $1.13 billion a year earlier.

Analysts polled by FactSet expected $1.11 billion.

For fiscal 2027, the company expects $0.08 to $0.12 in adjusted earnings per share and revenue is now expected to decline at a mid-single-digit percentage rate compared with the prior outlook of a slight decline.

Analysts polled by FactSet expect $0.11 in adjusted EPS on revenue of $4.94 billion.

Price: 5.89, Change: -0.36, Percent Change: -5.76