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class=\"wp-block-paragraph\">Under Armour\uff08\u5b89\u5fb7\u739b\uff09\u8fd1\u65e5\u53d1\u5e03FY2027Q1\u8d22\u62a5\uff0c\u8425\u4e1a\u6536\u5165\/\u51c0\u5229\u6da6\u4e3a11\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f3%\u3002\u6bdb\u5229\u7387\u63d0\u53475.9PCT\u81f354.1%\uff1b\u5e93\u5b58\u540c\u6b65\u4e0b\u964d3%\u81f311\u4ebf\u7f8e\u5143\uff0c\u53cd\u6620\u51fa\u54c1\u724c\u5728\u5e93\u5b58\u7ba1\u7406\u53ca\u6e20\u9053\u5065\u5eb7\u5ea6\u65b9\u9762\u7684\u6301\u7eed\u4f18\u5316\uff1b1\uff09\u5206\u533a\u57df\u770b\uff0c\u5317\u7f8e\/\u6b27\u6d32\u3001\u4e2d\u4e1c\u53ca\u975e\u6d32\uff08EMEA\uff09\/\u62c9\u7f8e\/\u4e9a\u592a\u8425\u6536\u540c\u6bd4\u4e0a\u6da8-9%\/12%\/8%\/-7%\u30022\uff09\u6e20\u9053\u65b9\u9762\uff0c\u6279\u53d1\/ DTC\u8425\u6536\u5206\u522b\u540c\u6bd4\u4e0b\u964d2%\/6%\u30023\uff09\u6309\u54c1\u7c7b\u770b\uff0c\u670d\u9970\/\u978b\u5c65\/\u914d\u4ef6\u8425\u6536\u5206\u522b\u4e3a7.34\/2.45\/0.96\u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u4e0b\u6ed12%\/8%\/4%\u30024\uff09\u6307\u5f15\uff1a\u53d7\u5317\u7f8e\u53ca\u4e9a\u592a\u5e02\u573a\u9700\u6c42\u8d70\u5f31\u5f71\u54cd\uff0c\u516c\u53f8\u5c062027\u5168\u8d22\u5e74\u8425\u6536\u9884\u671f\u4e0b\u8c03\u81f3\u540c\u6bd4\u4e2d\u4e2a\u4f4d\u6570\u4e0b\u6ed1\uff0c\u4f46\u7ef4\u6301\u8c03\u6574\u540e\u8425\u4e1a\u5229\u6da61.4\u4ebf\uff5e1.6\u4ebf\u7f8e\u5143\u7684\u76ee\u6807\u4e0d\u53d8\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On\u6602\u8dd1\u516c\u5e03FY2026Q1\u53caH1\u4e1a\u7ee9\uff0cQ2\u8425\u4e1a\u6536\u5165\/\u51c0\u5229\u6da6\u5206\u522b\u4e3a8.503\/1.05\u4ebf\u745e\u58eb\u6cd5\u90ce\uff08\u7ea6\u5408\u4eba\u6c11\u5e0170\u4ebf\u5143\uff09\uff0c\u540c\u6bd4\u589e\u52a021.6%\/356.5%\u3002\u6bdb\u5229\u6da6\u589e\u957f20.6%\u81f35.557\u4ebf\u745e\u58eb\u6cd5\u90ce\uff1b\u6bdb\u5229\u7387\u8fbe\u523065.4%\uff0c\u540c\u6bd4\u63d0\u53473.9PCT\uff1b1\uff09\u5206\u5730\u533a\u6765\u770b\uff0c\u4e9a\u592a\u5730\u533a\u9886\u8dd1\u5404\u533a\u57df\u589e\u957f\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u51c0\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f43.1%\u81f31.705\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u5e02\u573a\u89c4\u6a21\u5360\u5168\u7403\u603b\u51c0\u9500\u552e\u989d\u768420%\u4ee5\u4e0a\u30022\uff09\u4ece\u6e20\u9053\u6765\u770b\uff0c\u76f4\u8425\uff08DTC\uff09\u6e20\u9053\u8868\u73b0\u51fa\u8272\uff0c\u8be5\u6e20\u9053\u7b2c\u4e8c\u5b63\u5ea6\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f26%\u81f33.884\u4ebf\u745e\u58eb\u6cd5\u90ce\uff0c\u5360\u603b\u51c0\u9500\u552e\u989d45.7%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6f58\u591a\u62c9 Pandora \u516c\u5e03 FY2026Q2 \u4e1a\u7ee9\uff0cQ2 \u8425\u4e1a\u6536\u5165\u4e3a 72.19\u4ebf\u4e39\u9ea6\u514b\u6717\uff08\u7ea6\u5408\u4eba\u6c11\u5e01 74 \u4ebf\u5143\uff09\uff0c\u540c\u6bd4\u589e\u52a0 3.0%\uff1b\u6bdb\u5229\u7387\u8fbe\u5230 80.5%\uff1b1\uff09\u5206\u5730\u533a\u6765\u770b\uff0c\u62c9\u7f8e\u3001\u4e9a\u592a\u9886\u8dd1\u5404\u533a\u57df\u589e\u957f\uff0c\u7b2c\u4e8c\u5b63\u5ea6\u4e9a\u592a\/\u62c9\u4e01\u7f8e\u6d32\u5730\u533a\u540c\u5e97\u9500\u552e\u540c\u6bd4\u589e\u957f 10%\/18%\uff0c\u5317\u7f8e\/EMEA \u5730\u533a\u540c\u5e97\u9500\u552e\u5206\u522b\u4e3a &#8211; 1%\/-2%\u30022\uff09\u4ece\u4ea7\u54c1\u7ebf\u6765\u770b\uff0cFuel with More \u65b0\u54c1\u7cfb\u5217\u8868\u73b0\u4eae\u773c\uff0c\u8be5\u7cfb\u5217\u7b2c\u4e8c\u5b63\u5ea6\u540c\u5e97\u9500\u552e\u989d\u540c\u6bd4\u589e\u957f 6%\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e0a\u5468\u50a8\u5907\u68c9\u629b\u50a8\u5ef6\u7eed\u5168\u6210\u4ea4\uff0c\u65e5\u6302\u7ea60.8\u4e07\u5428\uff0c\u5747\u4ef716862\u201417172\u5143\/\u5428\u7a84\u5e45\u6ce2\u52a8\uff0c\u8fdb\u53e3\u68c9\u52a0\u4ef7\u7ea61690\u5143\/\u5428\u3001\u70ed\u5ea6\u9ad8\u4e8e\u65b0\u7586\u68c9\uff0c\u4f01\u4e1a\u63a5\u8d27\u79ef\u6781\uff0c\u4f9b\u5e94\u5e73\u7a33\u8865\u5145\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6839\u636e\u7f8e\u56fd\u519c\u4e1a\u90e8\uff08USDA\uff09\u6700\u65b0\u53d1\u5e03\u76842026\u5e748\u6708\u5168\u7403\u68c9\u82b1\u4f9b\u9700\u5e73\u8861\u8868\uff0c2026\/2027\u5e74\u5ea6\u5168\u7403\u68c9\u82b1\u603b\u4ea7\u9884\u671f\u4e3a2561.2\u5428\uff0c\u4e0e\u4e0a\u6708\u9884\u6d4b\u76f8\u6bd4\u4e0a\u8c038.2\u4e07\u5428\uff0c\u540c\u6bd4\u4e0a\u6da822.0\u4e07\u5428\uff0c\u6da8\u5e45\u4e3a0.87%\uff1b\u5355\u4ea7865\u516c\u65a4\/\u516c\u9877\uff0c\u4e0e\u4e0a\u6708\u9884\u6d4b\u76f8\u6bd4\u4e0b\u8c036\u516c\u65a4\/\u516c\u9877\uff0c\u540c\u6bd4\u4e0a\u53472.61%\uff1b\u6d88\u8d39\u9700\u6c42\u9884\u671f\u4e3a2676.3\u4e07\u5428\uff0c\u4e0e\u4e0a\u6708\u9884\u6d4b\u76f8\u6bd4\u4e0a\u8c0321.1\u4e07\u5428\uff0c\u540c\u6bd4\u4e0a\u53474.18%\uff1b\u671f\u672b\u5e93\u5b58\u9884\u671f1517.2\u4e07\u5428\uff0c\u4e0e\u4e0a\u6708\u9884\u6d4b\u76f8\u6bd4\u4e0b\u8c0333.5\u4e07\u5428\uff0c\u540c\u6bd4\u4e0b\u964d5.72%\u3002<\/p>\n\n\n\n<p 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