Under Armour Inc (UAA) Misses Q1 EPS by 16c

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Under Armour Reports First Quarter 2020 Results and Highlights Efforts to Manage Through Impacts of COVID-19

May 11, 2020 6:55 AM EDT

BALTIMORE, May 11, 2020 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced financial results for the first quarter ended March 31, 2020. The company reports its financial performance in accordance with accounting principles generally accepted in the United States of America ("GAAP"). This press release refers to "currency neutral" and "adjusted" amounts, which are non-GAAP financial measures described below under the "Non-GAAP Financial Information" paragraph. References to adjusted financial measures exclude the impact of the company's 2020 restructuring plan and related impairment charges, impairments associated with certain long-lived assets and goodwill and related tax effects.... More