Under Armour, under the direction of its founder Kevin Plank, is trying to turn around its losses and strengthen its brand.

(Recasts throughout, updates shares in paragraph 2, adds analyst comment in paragraph 7) By Juveria Tabassum May 16 (Reuters) - Under Armour on Thursday forecast a surprise fall in sales for the year ...

Kevin Plank is back and he’s not happy. In his first earnings call since returning to Under Armour as its chief executive officer, Plank laid out a significant restructuring plan that will ...

In his first earnings call since returning to the CEO role, Kevin Plank said he wants to streamline Under Armour's business and narrow its focus. Here's his plan for turning the company around.

Under Armour's fourth-quarter profit missed estimates, with CEO Kevin Plank attributing the quarter to a "challenging retail ...

Expects to Emerge from Court-Supervised Process in the Coming Days with Enhanced Financial Flexibility to Invest in Transformation and Growth of the Business BLOOMINGTON, Minn., May 23, 2024 ...

Sportswear company Under Armour, Inc. has announced a restructuring strategy alongside the release of its annual results, for which net income almost halved and sales fell by several percent. The ...

Under Armour announced plans for a restructuring following disappointing results in its fourth quarter and fiscal year 2024 (ended March 31, 2024), as well as the expectation that revenues will ...

The restructuring strategy was unveiled by founder Kevin Plank who returned as CEO in April. returning to Under Armour as its chief executive officer, Plank, a 25 percent reduction in product, a ...

Under Armour is one of the biggest global sports apparel brands. The company has struggled with strategy. Under Armour changed CEO five times in five years. Now, the founder is returning to the ...