Under Armour Launches Restructuring Plan as Declines Continue
Retail TouchPoints
MAY 17, 2024
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 continue to decline anywhere from 15% to 17% in North America in the coming year. Plank was reinstalled as President and CEO in March.
Let's personalize your content