---
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"
generated_at: "2026-05-31T05:51:57.802150+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Under Armour increases restructuring charges to $140-160M; expects wider FY2025 operating loss of $220-240M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336917-24-000149
- JSON: https://secwatch.observer/filing/0001336917-24-000149.json
- Plain text: https://secwatch.observer/filing/0001336917-24-000149.txt

## Key facts
- Restructurings & Charges
  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.
  - Type: restructuring
  - Charge: approximately $140 million to $160 million of pre-tax restructuring and related charges
  - Affected area: its previously disclosed fiscal year 2025 restructuring plan
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1336917/000133691724000149/0001336917-24-000149-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.