secwatch / observer
8-K filed May 16, 2024, 7:59 PM ET ticker UAA CIK 0001336917
other material confidence low sentiment neutral materiality 0.70

Under Armour announces restructuring charges and $500M buyback alongside FY2024 earnings release

Under Armour, Inc.

Machine-readable event card

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secwatch.filing_event.v1
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0001336917-24-000058
form_type
8-K
ticker
UAA
cik
0001336917
company_name
Under Armour, Inc.
filed_at
2024-05-16T23:59:59+00:00
discovered_at
2026-05-14T18:03:18.006269+00:00
generated_at
2026-06-01T19:44:26.071615+00:00
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event_type
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sentiment
neutral
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confidence
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text_url
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edgar_index_url
https://www.sec.gov/Archives/edgar/data/1336917/000133691724000058/0001336917-24-000058-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/1336917/000133691724000058/ua-20240515.htm
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Source-grounded claims

f07058de572fde2e628c2e7f2a856068ad52076c

Under Armour, Inc. reported financial results for the fourth quarter and fiscal year ended March 31, 2024.

On May 16, 2024, Under Armour, Inc. (“Under Armour”, or the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended March 31, 2024.

SEC 8-K Item 2.02 confidence 0.9 SEC evidence

2a656d6419e341f945b2b1134af136c267f17605

Under Armour, Inc. announced a restructuring with charges of approximately $70 million to $90 million.

On May 15, 2024, the Company’s Board of Directors approved a restructuring plan designed to rebalance the Company’s cost base to further improve profitability and cash flow generation. In connection with the restructuring plan, the Company expects to incur total estimated pre-tax restructuring and related charges of approximately $70 million to $90 million during fiscal year 2025

SEC 8-K Item 2.05/2.06 confidence 0.9 SEC evidence

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On May 16, 2024, Under Armour, Inc. (“Under Armour”, or the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended March 31, 2024.

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On May 16, 2024, Under Armour, Inc. (“Under Armour”, or the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended March 31, 2024.

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On May 15, 2024, the Company’s Board of Directors approved a restructuring plan designed to rebalance the Company’s cost base to further improve profitability and cash flow generation. In connection with the restructuring plan, the Company expects to incur total estimated pre-tax restructuring and related charges of approximately $70 million to $90 million during fiscal year 2025

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Source: SEC EDGAR
accession 0001336917-24-000058

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