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Under Armour (UAA) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
UAAUnder Armour(UAA) ZACKS·2025-02-06 15:36

Core Insights - Under Armour reported 1.4billioninrevenueforthequarterendedDecember2024,reflectingayear−over−yeardeclineof5.71.4 billion in revenue for the quarter ended December 2024, reflecting a year-over-year decline of 5.7% and an EPS of 0.08 compared to 0.19ayearago,witharevenuesurpriseof+4.730.19 a year ago, with a revenue surprise of +4.73% over the Zacks Consensus Estimate of 1.34 billion and an EPS surprise of +166.67% over the consensus estimate of 0.03[1]RevenuePerformance−TotalrevenuefromNorthAmericawas0.03 [1] Revenue Performance - Total revenue from North America was 843.62 million, exceeding the average estimate of 790.73million,butrepresentinga−7.8790.73 million, but representing a -7.8% change year-over-year [4] - Asia-Pacific revenues were 201.11 million, surpassing the average estimate of 195.51million,withayear−over−yeardeclineof−5.1195.51 million, with a year-over-year decline of -5.1% [4] - EMEA revenues reached 297.89 million, above the average estimate of 289.50million,showinga+4.9289.50 million, showing a +4.9% year-over-year increase [4] - Latin America revenues were 58.99 million, below the average estimate of 68.39million,reflectinga−15.568.39 million, reflecting a -15.5% year-over-year change [4] Product Revenue Breakdown - Apparel revenues totaled 966.07 million, exceeding the average estimate of 909.22million,withayear−over−yeardeclineof−5909.22 million, with a year-over-year decline of -5% [4] - Footwear revenues were 301.21 million, slightly below the average estimate of 303.58million,showinga−9303.58 million, showing a -9% year-over-year change [4] - License revenues were 23.90 million, significantly below the average estimate of 45.29million,withayear−over−yeardeclineof−17.845.29 million, with a year-over-year decline of -17.8% [4] - Accessories revenues reached 110.43 million, surpassing the average estimate of 97.97million,reflectinga+5.797.97 million, reflecting a +5.7% year-over-year increase [4] Distribution Channel Performance - Wholesale revenues were 704.76 million, exceeding the average estimate of 631.75million,witha−1631.75 million, with a -1% year-over-year change [4] - Direct to Consumer revenues were 672.95 million, slightly below the average estimate of $681.15 million, showing a -9.1% year-over-year decline [4] Stock Performance - Under Armour shares returned +1.9% over the past month, compared to the Zacks S&P 500 composite's +2.1% change, with a current Zacks Rank of 3 (Hold), indicating potential performance in line with the broader market [3]