Under Armour Class C

UA

Market cap $2.35B

BALTIMORE, Jan. 16, 2026 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced that it will release its third quarter fiscal 2026 financial results, for the period ended December 31, 2025, on February 6, 2026. Following the earnings release, which will be issued at approximately 6:55 a.m.

Kara Trent Named Chief Merchandising Officer; Adam Peake Named President, Americas BALTIMORE, Jan. 15, 2026 /PRNewswire/ -- Under Armour, Inc. (NYSE: UAA) (NYSE: UA) announced a series of senior leadership changes to further strengthen its global product, brand, and marketplace engines. Effective Feb. 2, these moves accelerate the company's transformation by sharpening execution, reinforcing operational discipline, and aligning product, brand, and go-to-market leadership under a unified operating model to drive sustainable growth and improved financial performance.

Under Armour (UAA) trades at a depressed valuation, with a $2.2B market cap against $5B in sales, reflecting skepticism about its turnaround. Recent financials show continued revenue and margin declines, with FY2026 sales expected to be down 4–5% and gross margin pressured by tariffs. Management's restructuring, led by founder Kevin Plank, includes SKU reductions and renewed marketing focus, but tangible results remain elusive.

When Prem Watsa makes a move, markets tend to pay attention — not because it's flashy, but because it's usually patient, deliberate and deeply conviction-driven.

Under Armour Inc (NYSE:UAA) shares were last seen up 0.5% to trade at $5.45, after news that Fairfax Financial Holdings (FRFHF) increased its ownership stake after the sportswear makers' difficult year.

Under Armour Inc (NYSE:UA) shares rose as much as 7% before trading flat at about $5.40 after Fairfax Financial Holdings expanded its position in the sports apparel company. Regulatory filings show that as of December 30, Canada-based Fairfax, already a 10% owner, had acquired nearly 42 million Under Armour shares, representing an estimated 22% stake.

Shares of Under Armour Inc. got a boost after hours on Monday after Fairfax Financial Holdings continued to build up a large stake in the athleisure giant, whose stock has struggled over the past year.

13,182,469 shares were acquired for a total of ~$67.4 million, based on a weighted average price of $5.12 per share on Jan. 2, 2026. All shares were acquired via indirect entities controlled through Fairfax Financial Holdings Limited subsidiaries, with no direct purchases or derivative transactions involved.

Under Armour (UA) surged +8.6% after it was disclosed that value investor Fairfax Financial aggressively increased its stake to 16.1%. The action was quick, starting strong at the market open and continuing to rise, coinciding with what seems to be a notable spike in trading volume and an increase in call options buying.

Nike (NYSE: NKE) and Under Armour (NYSE: UA) reported recent earnings revealing two athletic brands moving in opposite directions.