Under Armour reported a 10 per cent YoY revenue drop to $1.2 billion in Q1 FY25.
North America revenue fell 14 per cent, and international revenue declined 2 per cent.
Wholesale revenue decreased 8 per cent, and direct-to-consumer revenue was down 12 per cent.
Apparel revenue dropped 8 per cent, footwear 15 per cent, and accessories 5 per cent.