Company Earnings UpdateUnder Armour (UA) 2Q16 Results: Profits Negatively Affected by Liquidation of Sports Authority; Company Plans to Expand Brick-and-Mortar Locations in 2016 Coresight Research July 26, 2016 Executive Summary Under Armour reported 2Q16 revenues of $1 billion, up 28.2% year over year and roughly in line with the consensus estimate. EPS was $0.01, missing the consensus by a penny and representing an 83.3% decrease from EPS of $0.06 in the year-ago quarter. The direct-to-consumer business was the strongest-performing segment, driven by the popularity of Under Armour’s new partnership with basketball player Steph Curry. The company forecasted full-year revenues of approximately $4.9 billion, representing growth of 24% over 2015. 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: Weekly US Store Openings and Closures Tracker 2025, Week 48: American Signature, Bed Bath & Beyond and Saks To Close StoresAnalyst Corner—Location, Location, Location: US Regional Shopping Trends with Aditya KaushikInnovator Profile: RetailReady—Transforming Retail Compliance with AI and Computer VisionThree Data Points We’re Watching This Week, Week 6: US Consumer and Retail Focus
