{
  "url": "https://struct.news/briefs/under-armours-margin-rebound-got-a-tariff-assist-as-sales-slipped",
  "title": "Under Armour’s margin rebound got a tariff assist as sales slipped",
  "summary": "A 640-basis-point tariff recovery supplied more than the entire 590-basis-point gross-margin increase.",
  "published_at": "2026-08-07T13:25:31.150447+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "Under Armour, Inc.",
    "ticker": "UAA",
    "cik": "1336917",
    "sector": "Consumer Cyclical",
    "industry": "Apparel Manufacturing"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-07",
    "accession": "0001336917-26-000111",
    "url": "https://www.sec.gov/Archives/edgar/data/1336917/000133691726000111/ua-20260630.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-08",
    "url": "https://www.sec.gov/Archives/edgar/data/1336917/000133691725000136/ua-20250630.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 4966370000,
      "display": "$5.0B",
      "unit": "usd",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0001336917-26-000111",
        "filing_date": "2026-08-07"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": -3.8328450460952235,
      "display": "-3.8%",
      "unit": "percent",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001336917-26-000111",
        "filing_date": "2026-08-07"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": -3.2843304063128604,
      "display": "-3.3%",
      "unit": "percent",
      "period": "2026-03-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0001336917-26-000111",
        "filing_date": "2026-08-07"
      }
    }
  ],
  "watch_next": [
    {
      "type": "liquidity_financing",
      "statement": "Cash declined after restricted investments were used to satisfy and discharge the $600 million Senior Notes due 2026.",
      "importance": "high",
      "evidence": "Investing Activities Cash flows provided by investing activities increased by $620.8 million primarily due to proceeds from restricted investments held to satisfy and discharge our $600 million Senior Notes due 2026 upon maturity.",
      "source_date": "2026-08-07"
    },
    {
      "type": "supply_chain",
      "statement": "The latest three-month period’s gross-margin expansion included a 640-basis-point benefit from recovered U.S. tariffs, larger than the total margin increase.",
      "importance": "medium",
      "evidence": "This increase in gross margin of approximately 590 basis points was primarily driven by favorable impacts of 690 basis points from supply chain, including 640 basis points due to the recovery of certain U.S. tariffs that were incurred in the prior year.",
      "source_date": "2026-08-07"
    },
    {
      "type": "pricing",
      "statement": "Apparel and footwear revenue declined with lower average selling prices, and footwear also reported lower unit sales.",
      "importance": "medium",
      "evidence": "Apparel decreased primarily due to unfavorable channel mix and lower average selling prices, partially offset by the impact of foreign exchange rates.",
      "source_date": "2026-08-07"
    }
  ],
  "related_tickers": [
    "UAA"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}