US’ Under Armour expects FY25 operating loss of up to $240 mn

Under Armour has revised its fiscal 2025 outlook, expecting an operating loss between $220 million and $240 million due to an expanded restructuring plan.
Adjusted operating income is projected at $140 million to $160 million.
The company’s restructuring charges are now forecast at $140 million to $160 million, with $34 million incurred so far.