Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q ______________________________________ (Mark One) UNDER ARMOUR, INC. (Exact name of registrant as specified in its charter) ______________________________________ (State or other jurisdiction of incorporation or organization) 1020 Hull Street Maryland 52-1990078 (I.R.S. Employer Identification No.) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCH ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ Form 10-K ______________________________________________ (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-33202 ____________________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q ______________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-33202 ____________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q ______________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indicate by check mark whether the registrant (1) has filed all reports required to be filed b ...

______________________________________ Form 10-Q ______________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Commission File No. 001-33202 _____________________________ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ Form 10-K ______________________________________________ | (Mark One) | | --- | ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-33202 ______ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q ______________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-33202 ____________________________ ...

Under Armour, Inc. (NYSE:UAA) Q3 2019 Results Earnings Conference Call November 4, 2019 8:30 AM ET Company Participants Lance Allega - Senior Vice President, Investor Relations and Corporate Development Kevin Plank - Chairman, President and Chief Executive Officer Patrik Frisk - President and Chief Operating Officer David Bergman - Chief Financial Officer Conference Call Participants Alexandra Walvis - Goldman Sachs Jonathan Komp - Robert W. Baird Erinn Murphy - Piper Jaffray Randy Konik - Jefferies Edward ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q ______________________________________ (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-33202 ______________________________ ...

Financial Data and Key Metrics Changes - Revenue increased by 1% to $1.2 billion, or up 3% excluding foreign currency impacts [41] - Gross margin improved by 170 basis points to 46.5%, positively impacted by supply chain initiatives and lower airfreight costs [44] - Net loss was $17 million, or $0.04 per diluted share, including a negative impact from the performance of the Japanese licensee [46] Business Line Data and Key Metrics Changes - Wholesale revenue decreased by 1% to $707 million, primarily due to planned lower sales to the off-price channel [41] - Direct-to-consumer revenue increased by 2% to $423 million, lower than expected due to traffic and conversion challenges [42] - Licensing revenue rose by 20% to $25 million, driven by a settlement with a North American partner [43] Market Data and Key Metrics Changes - North America revenue declined by 3%, reflecting decreases in both wholesale and direct-to-consumer businesses [28] - Asia-Pacific revenue grew by 23%, with strong performance in both wholesale and direct-to-consumer channels [34] - EMEA revenue increased by 6%, while Latin America revenue decreased by 3% due to changes in the Brazilian business model [37] Company Strategy and Development Direction - The company is focused on a strategic transformation aimed at delivering consistent profitable results and operational improvements [10][20] - Key strategic elements include a consumer-centric approach, optimized go-to-market processes, and inventory management [24][26] - The company aims to protect its premium brand positioning while driving shareholder value through margin expansion and cost efficiencies [28][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the stability and repeatability of processes, enabling greater efficiency and focus [38] - The company expects revenue growth of 3% to 4% for 2019, with a slight decline anticipated in North America [48] - Management highlighted the importance of product innovation and brand strength in driving future growth [86][92] Other Important Information - Inventory management showed a significant improvement with a 26% decline year-over-year [17] - Cash and cash equivalents increased by 131% to $456 million, while total debt decreased by 24% to $591 million [47] Q&A Session Summary Question: Direct-to-consumer business and full-price conversion - Management discussed efforts to reduce promotional activity and improve full-price sales through better product offerings and e-commerce optimization [62][64] Question: North America athletic landscape and visibility into Q4 - Management noted a stable retail environment with expectations for improved product offerings and service levels in the back half of the year [78][102] Question: Impact of lower off-price sales on revenue - Management indicated significant year-over-year declines in off-price sales for Q3, with expectations for a rebound in Q4 [115] Question: SG&A expenses and efficiency - Management attributed better-than-expected SG&A expenses to disciplined cost management and timing shifts in marketing spend [123]