Under Armour (UA) (UAA) Misses Q4 EPS by 2c; FY Rev Guidance Falls Short

Under Armour (NYSE: UA) (NYSE: UAA) reported Q4 EPS of $0.23, $0.02 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.41 billion.

"We are incredibly proud that in 2016, we once again posted record revenue and earnings, however, numerous challenges and disruptions in North American retail tempered our fourth quarter results," said Kevin Plank, Under Armour Chairman and CEO. "The strength of our Brand, an unparalleled connection with our consumers and the continuation of investments in our fastest growing businesses -- footwear, international and direct-to-consumer -- give us great confidence in our ability to navigate the current retail environment, execute against our long-term growth strategy and create value to our shareholders."

GUIDANCE:

Under Armour said FY2017 net revenues are expected to grow 11 to 12 percent to reach nearly $5.4 billion, up 12 to 13 percent currency neutral. The consensus is $6.05 billion.

For earnings history and earnings-related data on Under Armour (UA) click here.

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