Under Armour sees bigger fiscal 2025 loss on restructuring charges-February 2024-www.financetom.com

Under Armour sees bigger fiscal 2025 loss on restructuring charges

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Under Armour sees bigger fiscal 2025 loss on restructuring charges

Sep 10, 2024 12:16 PM

Sept 9 (Reuters) - Sportswear maker Under Armour ( UAA )

said on Monday it sees a bigger net loss in fiscal year 2025,

due to higher-than-expected charges related to its restructuring

plans.

The company expects a loss between 58 cents and 61 cents per

share in fiscal year, compared with its prior forecast of 53

cents to 56 cents loss per share.

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