---
schema_version: "secwatch.filing_event.v1"
accession: "0001336917-25-000200"
form_type: "8-K"
ticker: "UAA"
cik: "0001336917"
company_name: "Under Armour, Inc."
filed_at: "2025-11-14T23:59:59+00:00"
generated_at: "2026-05-16T19:46:52.904534+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Under Armour expands restructuring $95M to $255M, separates Curry Brand; raises FY2026 adj. OpInc outlook to $95-110M

## Summary
- Restructuring plan increased by $95M to up to $255M total pre-tax charges: $107M cash, $148M non-cash.
- Curry Brand to separate from Under Armour; final shoe (Curry 13) Feb 2026, apparel through Oct 2026.
- FY2026 GAAP operating loss now expected $56-71M (prior income $19-34M); adjusted operating income raised to $95-110M.
- Total global basketball revenue (including Curry) expected ~$100-120M in FY26; separation not materially affecting consolidated results.
- Restructuring substantially complete by end of fiscal year 2026; company incurred $147M of charges through Sep 30, 2025.

## SEC filing metadata
- accession: 0001336917-25-000200
- form_type: 8-K
- ticker: UAA
- cik: 0001336917
- company_name: Under Armour, Inc.
- filed_at: 2025-11-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1336917/000133691725000200/0001336917-25-000200-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1336917/000133691725000200/ua-20251113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001336917-25-000200
- JSON: https://secwatch.observer/filing/0001336917-25-000200.json
- Plain text: https://secwatch.observer/filing/0001336917-25-000200.txt

## Source-grounded claims
- claim_id: 9d9267ff94dcc95125e9af05a04767b711a2865d
  claim: Under Armour, Inc. announced a restructuring with charges of up to $255 million of pre-tax restructuring and related charges affecting Company-wide; specifically includes Curry Brand separation, additional contract terminations, asset impairments, employee severance and benefits (approximately $34 million in employee severance and benefits costs).
  evidence_excerpt: On November 13, 2025, Under Armour, Inc. (the “Company,” “Under Armour” or “UA”) announced an update to its previously disclosed fiscal year 2025 restructuring plan aimed at strengthening and supporting its financial and operational efficiencies. Previously, the Company expected to incur up to $160 million of pre-tax restructuring and related charges in connection with its fiscal year 2025 restructuring plan. After further review, the Company's Board of Directors approved a $95 million increase to the restructuring plan, which will include the separation of the Curry Brand as discussed below, as well as additional contract terminations, asset impairments, and employee severance and benefits costs. This will result in a restructuring plan of up to $255 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/1336917/000133691725000200/0001336917-25-000200-index.htm

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