UPDATE: Baird Downgrades Under Armour, Inc. (UAA) to Neutral

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UNDER ARMOUR REPORTS FIRST QUARTER FISCAL 2023 RESULTS; UPDATES FULL-YEAR OUTLOOK

August 3, 2022 6:55 AM EDT

BALTIMORE, Aug. 3, 2022 /PRNewswire/ -- Under Armour, Inc. (NYSE: UA, UAA) today announced unaudited financial results for its first quarter of fiscal 2023 ended June 30, 2022. 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.

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