Under Armour is right to ‘rip the band-aid off’ with restructuring, but turnaround is still elusive, analysts say

Under Armour Inc.’s stock tumbled 8% Tuesday, after the sporting goods and apparel maker

warned its fiscal 2025 losses would be bigger than expected, prompting analysts to take a more cautious tone on the business.

The Baltimore-based company UAA said it now expects to incur higher restructuring costs because of the decision to exit a distribution facility in Rialto, California, by March of 2026. It now expects $140 million to $160 million of pretax restructuring and related charges, which will be booked in fiscal 2025 and 2026.