Under Armour Reports Fourth Quarter And Full Year 2020 Resul

Under Armour Reports Fourth Quarter And Full Year 2020 Results; Provides Initial 2021 Outlook


Under Armour Reports Fourth Quarter And Full Year 2020 Results; Provides Initial 2021 Outlook
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BALTIMORE, Feb. 10, 2021 /PRNewswire/ --
 Under Armour, Inc. (NYSE: UA, UAA) today announced unaudited financial results for the fourth quarter and fiscal year ended December 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, and with respect to certain measures, the non-cash amortization of debt discount on the company's convertible debt, deal-costs and gain associated with the sale of

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