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Company Earning Updates 2 minutes premium

Under Armour (UAA) 4Q17 Results: EPS in Line with Expectations, Company Announces Further Restructuring Plans

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Coresight Research

Key Points

  • Under Armour reported 4Q17 adjusted EPS of $0.00, in line with the consensus estimate. Total revenues were $1.37 billion, beating the $1.31 billion consensus estimate and up 4.6% year over year.
  • North American revenues, which make up more than three-quarters of overall revenues, were down 5% in the quarter. International revenues reflected continued strong momentum and represented 46% of the increase in revenue.
  • For 2018, the company expects net revenue to be up by low single digits, including a mid-single-digit decline in the North America business and international growth of more than 25%. The company expects 2018 EPS of $0.14–$0.19.
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