PRESS RELEASES - about.underarmour.com
At Under Armour, we’re a team of doers, striving to be the best. There are no bench players. We challenge convention, and we challenge each other. We play to win. We share our triumphs, …
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What's new in Under Armour's fiscal 2025 restructuring plan?
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. ...
Why did Under Armour stock rise 7% in premarket trading?
Its shares rose more than 7% in premarket trading as the company also reported a smaller drop in revenue than expected. Under Armour is attempting to reset its business by reducing the pace of promotions and improve profitability by a cutting inventory, reducing online promotions and focusing more on profitable items such as men's apparel. ...
How is Under Armour resetting its business?
Under Armour is attempting to reset its business by reducing the pace of promotions and improve profitability by a cutting inventory, reducing online promotions and focusing more on profitable items such as men's apparel. Quarterly inventory was down 15% at $1.1 billion. ...
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