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Under ArmourEarnings

Will people pay more for Under Armour?

What happened

Under Armour reported a net income of $1 million for its first quarter, a result that was positively impacted by tariff refunds.

Source

retaildive.comAug 7, 2026By Daphne Howland

Will people pay more for Under Armour?

Article excerpt

Flouting signs of soft demand, CEO Kevin Plank on Friday said that “consumers are going to choose Under Armour at a premium.” Under Armour’s turnaround will require not just halving the size of its assortment, but also improving product and storytelling, CEO Kevin Plank said during a conference call Friday. He pointed to the recently released Bouncy Tee, a cotton-blend performance T-shirt that is commanding full price and exceeding sales expectations, and a few longtime best-sellers as proof “that we know how to create products with a clear reason to command value.” Other items, including the brand’s Tech T-shirt, are discounted too often. Plus, customers have made a habit of turning to its DTC channel for promotions, and the company is testing more full-price offers there, he said. Plank promised that, following merchandise and marketing changes, “consumers are going to choose Under Armour at a premium.” “We will sell so much more of so many less products at a much higher full retail price, and this mission is well underway,” he said, adding, “What we know is that when the product is differentiated and the value proposition is clear, the sell-through follows.” To make all this plain to the customer, Plank emphasized the need for more effective storytelling, but said the company has rethought its marketing expenditure for the year. Recently, Under Armour said marketing would...

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Extracted from this sentence

The company said Q1 gross margin expanded by 590 basis points to 54.1%, “primarily due to refunds” from tariffs, and that net income reached $1 million.

Extracted by Autobound

From the Signal API record
Event
Earnings

What this signalsEarnings results often set the next budget cycle.

Amount named
$1M

The full record

From the Signal API record

Numbers

Amount named in the story
$1M

Extraction

Confidence
90%
Detected
Aug 7, 2026
signal_type
news
signal_subtype
has_earnings

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/ed4e288f-1ebe-a9d2-581c-d2bc56e25b13 returns this record as JSON. POST /v1/companies/enrich returns every signal for underarmour.com.

{
  "signal_id": "ed4e288f-1ebe-a9d2-581c-d2bc56e25b13",
  "signal_type": "news",
  "signal_subtype": "has_earnings",
  "detected_at": "2026-08-07T16:51:00+00:00",
  "company": {
    "name": "Under Armour",
    "domain": "underarmour.com"
  },
  "data": {
    "url": "https://www.retaildive.com/news/will-people-pay-more-under-armour-discounts-full-price/827321/",
    "title": "Will people pay more for Under Armour?",
    "author": "Daphne Howland",
    "excerpt": "Flouting signs of soft demand, CEO Kevin Plank on Friday said that “consumers are going to choose Under Armour at a premium.” Under Armour’s turnaround will require not just halving the size of its assortment, but also improving product and storytelling, CEO Kevin Plank said during a conference call Friday. He pointed to the recently released Bouncy Tee, a cotton-blend performance T-shirt that is commanding full price and exceeding sales expectations, and a few longtime best-sellers as proof “that we know how to create products with a clear reason to command value.” Other items, including the brand’s Tech T-shirt, are discounted too often. Plus, customers have made a habit of turning to its DTC channel for promotions, and the company is testing more full-price offers there, he said. Plank promised that, following merchandise and marketing changes, “consumers are going to choose Under Armour at a premium.” “We will sell so much more of so many less products at a much higher full retail price, and this mission is well underway,” he said, adding, “What we know is that when the product is differentiated and the value proposition is clear, the sell-through follows.” To make all this plain to the customer, Plank emphasized the need for more effective storytelling, but said the company has rethought its marketing expenditure for the year. Recently, Under Armour said marketing would...",
    "summary": "Under Armour reported a net income of $1 million for its first quarter, a result that was positively impacted by tariff refunds.",
    "planning": false,
    "image_url": "https://imgproxy.divecdn.com/XDJ73_Q1PEp48niJDdEvQf2P5zvqPP5iAcOfA-xP9Qg/g:nowe:0:88/c:4031:2277/rs:fit:770:435/Z3M6Ly9kaXZlc2l0ZS1zdG9yYWdlL2RpdmVpbWFnZS9JTUctMTM3NC5qcGc=.webp",
    "confidence": 0.9,
    "published_at": "2026-08-07T16:51:00Z",
    "article_sentence": "The company said Q1 gross margin expanded by 590 basis points to 54.1%, “primarily due to refunds” from tariffs, and that net income reached $1 million.",
    "amount_normalized": 1000000
  }
}

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