{"schema_version":"secwatch.filing_event.v1","accession":"0001336917-24-000149","form_type":"8-K","ticker":"UAA","cik":"0001336917","company_name":"Under Armour, Inc.","filed_at":"2024-09-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:12.705740+00:00","generated_at":"2026-05-31T05:51:57.802150+00:00","sec_items":["2.05","7.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Under Armour increases restructuring charges to $140-160M; expects wider FY2025 operating loss of $220-240M","bullets":["Expanded restructuring plan to $140-$160M pre-tax from $70-$90M due to exiting Rialto, CA distribution facility.","FY2025 operating loss expected $220-$240M vs prior $194-$214M; adjusted operating income $140-$160M.","Diluted loss per share $0.58-$0.61 vs $0.53-$0.56; adjusted EPS $0.19-$0.22.","Charges include up to $75M cash (severance, transformation) and up to $85M non-cash (facility impairments).","Through June 30, 2024, incurred $34M; ~2/3 of remaining charges expected by end of FY2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001336917-24-000149","json":"https://secwatch.observer/filing/0001336917-24-000149.json","markdown":"https://secwatch.observer/filing/0001336917-24-000149.md","text":"https://secwatch.observer/filing/0001336917-24-000149.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1336917/000133691724000149/0001336917-24-000149-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1336917/000133691724000149/ua-20240905.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T05:51:57.802150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"42ccbfad3589e151f859176ef8538389156cd591","claim":"Under Armour, Inc. announced a restructuring with charges of approximately $140 million to $160 million of pre-tax restructuring and related charges affecting its previously disclosed fiscal year 2025 restructuring plan.","evidence_excerpt":"On September 5, 2024, the Company’s Board of Directors approved a $70 million increase to the restructuring plan, resulting in a restructuring plan of approximately $140 million to $160 million of pre-tax restructuring and related charges to be incurred during fiscal years 2025 and 2026","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1336917/000133691724000149/0001336917-24-000149-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $140 million to $160 million of pre-tax restructuring and related charges"},{"label":"Affected area","value":"its previously disclosed fiscal year 2025 restructuring plan"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}