Under Armour, Inc. (UA)
After hours:
| Previous close | 6.89 |
| Open | 6.92 |
| Bid | 7.09 x 1400 |
| Ask | 7.25 x 4000 |
| Day's range | 6.89 - 7.26 |
| 52-week range | 5.86 - 8.99 |
| Volume | |
| Avg. volume | 3,004,922 |
| Market cap | 3.22B |
| Beta (5Y monthly) | 1.65 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.20 |
| Earnings date | 06 Nov 2024 - 11 Nov 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 9.20 |
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StockStoryWhy Under Armour (UAA) Stock Is Down Today
Shares of athletic apparel company Under Armour (NYSE:UAA) fell 8.7% in the morning session after the company announced an update to its FY 2025 restructuring plan, which led to projected higher losses, with EPS guidance falling below Wall Street estimates. The company now anticipates pre-tax restructuring charges of $140-$160 million, driven primarily by its decision to exit a California distribution facility by March 2026.
ZacksUnder Armour's Restructuring to Improve Supply Chain, Long-Term Growth
UAA's restructuring initiative bodes well for sustained growth and stronger financial performance in the future despite the near-term challenges.
