Equity Profile

UAA

Under Armour, Inc.

Consumer DiscretionaryApparel, Accessories & Luxury Goods$2.3B

Aug3Wed

Pre-Earnings Brief

UpcomingQ1-2027Pre-Market9:00 AM EDT

Company Snapshot

Under Armour, Inc. (UAA) is a leading sports apparel and accessories company that focuses on performance-oriented clothing and gear....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market presence, which is crucial for investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

UAA Q1-2027 Earnings Preview

Context

Company Snapshot

Under Armour, Inc. (UAA) is a leading sports apparel and accessories company that focuses on performance-oriented clothing and gear. As part of the Consumer Discretionary sector, it plays a significant role in the apparel industry, which is influenced by consumer spending trends and athletic lifestyle choices.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

-14.39%

Avg Stock Reaction

+2.95%

Last Quarter Recap

In the last quarter, Under Armour reported an EPS of -$0.10, which was significantly below expectations, leading to a 17% drop in stock price the following day. This miss raised concerns about the company's profitability and operational efficiency.

Management Promises & Guidance

Expectations

Wall Street Expectations

Overall, expectations for Under Armour's upcoming earnings are cautious, especially following a disappointing last quarter. Investors are closely watching for signs of recovery in profitability and revenue growth.

Bull Case

The optimistic view hinges on a potential rebound in sales and improved cost management, which could lead to a positive surprise in EPS and revenue.

Bear Case

Conversely, if the company continues to struggle with profitability and fails to meet revenue expectations, it could lead to further declines in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS figure for this quarter?

Given the significant EPS miss last quarter, investors are keen to see if Under Armour can return to profitability or at least reduce losses.

How is revenue growth trending compared to previous quarters?

Revenue growth is critical for assessing the company's recovery trajectory and overall market demand for its products.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating Under Armour's potential for a recovery in sales, particularly if recent marketing initiatives have begun to resonate with consumers. This could lead to a surprise in revenue growth.

Supporting Evidence

The options market is pricing a 6.3% move, which is below the historical average of 13.98%, suggesting a potential mispricing of volatility.

The recent trend of EPS surprises indicates that Under Armour has the potential to outperform expectations.

Key Risk

If revenue growth exceeds expectations, it could significantly shift market sentiment towards a more positive outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results are pivotal as they will indicate whether Under Armour can stabilize its financial performance after a series of disappointing results.

Bull Confirmed If

A return to positive EPS, ideally above $0.05, would confirm the bull case and indicate a recovery in profitability.

Bear Confirmed If

An EPS below -$0.10 would reinforce concerns about ongoing operational challenges and confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±6.3%

Historical Avg

±14.0%

Pricing cheap

The options market is pricing in a move of approximately 6.3%, suggesting that traders expect some volatility around the earnings announcement.

Options are pricing ±6.3% while UAA has averaged ±14.0% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.6%

30d HV

70.6%

Calls (289K)P/C Ratio: 0.11Puts (35K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing cheap setup in Consumer Discretionary

n=30

Fade rate: 16 of 28 (57%)

This setup has occurred 30 times across Consumer Discretionary in the last 2 years. 16 of 28 faded and 12 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 4.5%, with a raw directional average of +2.4% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Under Armour beats expectations and raises guidance, history suggests a potential stock increase of around 7.9%, confirming a positive turnaround.

In-Line / Cautious

If results are in line with expectations but management provides cautious commentary, the stock may see muted movement as investors digest the information.

Miss

A miss in earnings could lead to a decline of about 5.3%, reflecting ongoing concerns about the company's ability to manage costs and drive sales.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Insights into cost management strategies and how they are affecting margins.
3Details on consumer demand trends and how they are influencing inventory levels.
4Management's outlook on competition and market positioning.
5Any commentary on international sales growth and expansion plans.

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AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Under Armour, Inc. (UAA) is a leading sports apparel and accessories company that focuses on performance-oriented clothing and gear....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of profitability and will show how well the company is managing costs and generating income.

N/A

Revenue Growth

Revenue growth reflects the company's ability to increase sales and expand its market presence, which is crucial for investor confidence.

N/A

1 more metrics, Wall Street expectations, options signals, track record, and call prep available with Pro.

UAA Q1-2027 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

-14.39%

Avg Stock Reaction

+2.95%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

The optimistic view hinges on a potential rebound in sales and improved cost management, which could lead to a positive surprise in EPS and revenue.

Bear Case

Conversely, if the company continues to struggle with profitability and fails to meet revenue expectations, it could lead to further declines in stock price.

Expectations

Two Questions That Matter

The print will turn on these two things.

What will be the EPS figure for this quarter?

Given the significant EPS miss last quarter, investors are keen to see if Under Armour can return to profitability or at least reduce losses.

How is revenue growth trending compared to previous quarters?

Revenue growth is critical for assessing the company's recovery trajectory and overall market demand for its products.

Edge

What the Street Is Missing

Why consensus could be wrong

Supporting Evidence

The options market is pricing a 6.3% move, which is below the historical average of 13.98%, suggesting a potential mispricing of volatility.

The recent trend of EPS surprises indicates that Under Armour has the potential to outperform expectations.

Key Risk

If revenue growth exceeds expectations, it could significantly shift market sentiment towards a more positive outlook.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

This quarter's results are pivotal as they will indicate whether Under Armour can stabilize its financial performance after a series of disappointing results.

Bull Confirmed If

A return to positive EPS, ideally above $0.05, would confirm the bull case and indicate a recovery in profitability.

Bear Confirmed If

An EPS below -$0.10 would reinforce concerns about ongoing operational challenges and confirm the bear case.

Pre-Earnings Positioning

Options Market

Implied Move

±6.3%

Historical Avg

±14.0%

Pricing cheap

The options market is pricing in a move of approximately 6.3%, suggesting that traders expect some volatility around the earnings announcement.

Options are pricing ±6.3% while UAA has averaged ±14.0% over the last 8 prints — setup is pricing cheap.

Detail

ATM IV

0.6%

30d HV

70.6%

Calls (289K)P/C Ratio: 0.11Puts (35K)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter miss + options pricing cheap setup in Consumer Discretionary

n=30

Fade rate: 16 of 28 (57%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Under Armour beats expectations and raises guidance, history suggests a potential stock increase of around 7.9%, confirming a positive turnaround.

In-Line / Cautious

If results are in line with expectations but management provides cautious commentary, the stock may see muted movement as investors digest the information.

Miss

A miss in earnings could lead to a decline of about 5.3%, reflecting ongoing concerns about the company's ability to manage costs and drive sales.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on new product launches and their expected impact on sales.
2Insights into cost management strategies and how they are affecting margins.
3Details on consumer demand trends and how they are influencing inventory levels.
4Management's outlook on competition and market positioning.
5Any commentary on international sales growth and expansion plans.