Under Armour has revised its fiscal 2025 restructuring plan, increasing its projected pre-tax restructuring expenses to $140-$160 million due to the closure of its Rialto, CA distribution center. While this will result in higher short-term costs, the company expects to emerge with a more agile and efficient business, ultimately driving long-term growth.
Under Armour has revised its restructuring plan, increasing expected charges to $140-$160 million due to exiting its California distribution facility. The company anticipates a wider operating loss but maintains its adjusted operating income and EPS outlook. Despite the increased charges, Under Armour remains optimistic about long-term efficiency gains from supply chain optimization.
Under Armour has updated its restructuring plan for Fiscal 2025, increasing the expected pre-tax charges to $140-$160 million. The move reflects a strategic shift to optimize supply chain capabilities and improve overall business performance. The company also provided revised financial guidance for Fiscal 2025, anticipating an operating loss of $220-$240 million.
