Company Earnings UpdateUnder Armour (NYSE: UAA) 1Q19 Results: Revenue and EPS Beat Consensus Estimates; Company Updates Outlook for FY19 Coresight Research May 2, 2019 Executive Summary Under Armour reported 1Q19 sales of $1.20 billion, ahead of the consensus estimate of $1.18 billion, and EPS of $0.05, beating the consensus estimate of $0.00. Gross margin expanded to 45.2%, up 100 basis points year over year, ahead of the 45.1% consensus estimate, driven by regional mix, product cost improvements and prior period restructuring charges. For FY19, the company updated its guidance: It maintained revenue growth at 3-4% but raised EPS guidance from $0.31-0.33 to $0.33-0.34. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Lower-Income Sentiment Continues to Weaken; Plus, Off-Price and Dollar Stores in Focus: US Consumer Survey InsightsRedefining Global Sourcing: What a US–India Trade Deal Means for Retailers and ManufacturersWeekly US Store Openings and Closures Tracker 2025, Week 32: Claire’s Files for Bankruptcy—Potentially 1,137 Stores To CloseAnalyst Corner: Understanding US Consumer Economy Resilience Amid Macroeconomic Challenges, with Manik Bhatia
