UNDER ARMOUR ANNOUNCES UPDATE TO ITS RESTRUCTURING PLAN AND FISCAL 2025 OUTLOOK

BALTIMORE, Sept. 9, 2024 /PRNewswire/ -- Under Armour, Inc. (NYSE: UAA, UA) today announced an update to its Fiscal 2025 restructuring plan, including additional initiatives to optimize the company's strategic supply chain capabilities and overall business performance. Previously, the company expected to incur pre-tax restructuring and related charges of approximately $70 million to$90 million in connection with its Fiscal 2025 restructuring plan. Following further evaluation, the company has identified ap ...