Under Armour's Restructuring to Improve Supply Chain, Long-Term Growth
Under Armour(UAA) ZACKS·2024-09-10 22:10
Under Armour, Inc. (UAA) has revised its fiscal 2025 restructuring strategy to include additional steps aimed at enhancing supply-chain operations and business efficiency. Originally, the company estimated pre-tax restructuring expenses to be in the range of $70-$90 million. After reevaluation, pre-tax restructuring expenses are anticipated to be in the range of $140-$160 million. A major driver of this adjustment is the decision to phase out one of its primary distribution centers in Rialto, CA, by March 2 ...