Under Armour’s Q2 FY25 performance showed an 11 per cent revenue drop to $1.4 billion, with declines in North America (13 per cent) and internationally (6 per cent).
Apparel and footwear revenues fell, while accessories rose 2 per cent.
E-commerce revenue decreased 21 per cent, but gross margin improved by 200 basis points.
FY25 outlook anticipates further revenue decline but margin improvement.Under Armour’s Q2 FY25 performance showed an 11 per cent revenue drop to $1.4 billion, with declines in North America (13 per cent) and internationally (6 per cent).
Apparel and footwear revenues fell, while accessories rose 2 per cent.
E-commerce revenue decreased 21 per cent, but gross margin improved by 200 basis points.
FY25 outlook anticipates further revenue decline but margin improvement.
