Every material Form 8-K Under Armour (Class A) filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Under Armour reported second-quarter fiscal 2025 results for the quarter ended September 30, 2024, with revenue down 11% to $1.4 billion and GAAP net income of $170 million, compared with $105 million a year earlier. The company raised its fiscal 2025 profit outlook, narrowing the expected operating loss to $176 million to $196 million from $220 million to $240 million, while also increasing marketing investment by about $25 million.
Net revenues fell 10.7% to $1,399 million; North America revenue decreased 12.9% to $863 million.
Diluted EPS was $0.39 on a GAAP basis and $0.30 adjusted, versus $0.23 GAAP a year earlier.
Fiscal 2025 operating loss outlook is $176 million to $196 million, versus the prior $220 million to $240 million.
Cash and cash equivalents totaled $531 million at quarter end, with no borrowings under the $1.1 billion revolving credit facility.
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.
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.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Under Armour (Class A) filing is on SEC EDGAR ↗. 8-K briefs of other companies →