Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Under Armour (Class A) (UAA)

Under Armour raises restructuring charge range to $140 million-$160 million

Negative Impact 4 of 5 restructuring Written later

Under Armour expanded its fiscal 2025 restructuring plan by $70 million, to a total of approximately $140 million to $160 million in pre-tax charges across fiscal 2025 and 2026, largely tied to exiting a Rialto, California distribution facility by March 2026. The company also cut its fiscal 2025 GAAP outlook, with the expected operating loss widening to $220 million to $240 million and the expected diluted loss per share widening to $0.58 to $0.61, which matters to shareholders because the reported loss is larger.

Key points

  • Board approved a $70 million increase to the restructuring plan on September 5, 2024.
  • Charges include up to $75 million in cash-related costs and up to $85 million in non-cash charges.
  • Fiscal 2025 operating loss now expected at $220 million to $240 million, versus the prior $194 million to $214 million.
  • Fiscal 2025 diluted loss per share now expected at $0.58 to $0.61, versus the prior $0.53 to $0.56; adjusted diluted EPS is $0.19 to $0.22.

The filing

CompanyUnder Armour (Class A) (UAA)
Form8-K, current report
Filed with the SECSep 9, 2024, 5:17 PM ET
Accession number0001336917-24-000149

Items reported: 2.05 Exit / Restructuring Costs7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 09, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.