The latest restructuring measures will lead to pre-tax charges of $140 million to $160 million for the fiscal years ending in March 2025 and 2026, the sportswear maker said.

Under Armour expects its restructuring efforts to cost more than it had previously forecast, the sportswear maker said on Monday, sending its shares down 3% in aftermarket trade.

Under Armour is right to ‘rip the band-aid off’ with restructuring, but turnaround is still elusive, analysts say Stock slides 8% after company says losses will be greater than expected ...

Under Armour Inc. lowered its outlook for its current fiscal year, saying the company’s restructuring plan is going to cost more than management predicted.

A plan to elevate the Under Armour brand and make it more efficient is expected to cost roughly twice as much as previously announced and include the closure of a California distribution center. Baltimore-based Under Armour announced a restructuring plan in June that was expected to include layoffs and cost an estimated $70 million to $90 million.