Under Armour Details Strategy at Investor Meeting
Under Armour Details Strategy at Investor Meeting

Under Armour Details Strategy at Investor Meeting

News summary

Under Armour reaffirmed its fiscal 2025 outlook during an investor meeting in New York, projecting a low double-digit revenue decline and an operating loss of $176 to $196 million. CEO Kevin Plank emphasized a commitment to enhancing the brand through streamlined merchandising and commercial strategies, alongside a focus on regional market alignment. The company aims to leverage its underdog positioning, drawing parallels to lesser-known college basketball teams that achieved unexpected victories. Key strategies include revolutionizing product design, aligning go-to-market processes, and fostering a consumer-led operating model. Under Armour's long-term vision seeks to solidify its identity as a comprehensive sportswear provider while addressing current market challenges. The meeting marked a significant effort to engage investors and outline a roadmap for the brand's resurgence.

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