Under Armour expands restructuring plan to ~$305M; reports Q4/FY2026 earnings

Under Armour, Inc.

• Board approved additional $50M in restructuring charges on May 11, 2026, total plan now ~$305M.
• Plan includes up to $139M cash charges ($46M severance, $93M other) and $166M non-cash ($7M severance, $159M asset/contract charges).
• As of March 31, 2026, $261M in charges recognized; plan substantially complete by Dec 31, 2026.
• Company issued press release with Q4 and FY2026 results and initial FY2027 outlook (specific figures not in filing excerpt).

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