Why Is Sportswear Company Under Armour Stock Tanking Today?
Why Is Sportswear Company Under Armour Stock Tanking Today?
Under Armour Inc (NYSE:UAA) (NYSE:UA) shares are plunging after the company declared gloomy guidance.
安德瑪公司（紐約證券交易所代碼：UAA）（紐約證券交易所代碼：UA）的股價暴跌，此前該公司公佈了悲觀的指引。
The company reported a fourth-quarter FY24 sales decline of 4.9% year-on-year to $1.330 billion, meeting the analyst consensus estimate.
該公司報告稱，24財年第四季度銷售額同比下降4.9％，至13.30億美元，符合分析師的共識預期。
Wholesale revenue decreased 7% Y/Y to $850 million, and direct-to-consumer revenue was flat at $455 million.
批發收入同比下降7％，至8.5億美元，直接面向消費者的收入持平至4.55億美元。
Apparel revenue slipped 1% Y/Y, Footwear dropped 11%, while Accessories revenue decreased 7%. North America revenue decreased 10% to $772 million, and international revenue increased 7% to $561 million.
服裝收入同比下降1％，鞋類收入下降11％，而配飾收入下降7％。北美收入下降了10％，至7.72億美元，國際收入增長了7％，至5.61億美元。
Gross profit decreased 1% to $599.6 million, and the gross margin expanded 170 basis points to 45%.
毛利下降了1％，至5.996億美元，毛利率擴大了170個點子至45％。
The company incurred an operating loss of $(3.5) million in the quarter compared to an operating income of $29.6 million.
該公司在本季度出現了營業虧損（350）萬美元，而營業收入爲2960萬美元。
The company held $858.7 million in cash and equivalents as of March-end. Inventory was $958.5 million, a 19.2% decrease.
截至3月底，該公司持有8.587億美元的現金及等價物。庫存爲9.585億美元，下降了19.2％。
The company's adjusted EPS was $0.11, beating the consensus estimate of $0.08.
該公司調整後的每股收益爲0.11美元，超過市場普遍預期的0.08美元。
Under Armour's Board of Directors has approved a restructuring plan in which the company expects to incur total estimated pre-tax restructuring and related charges of approximately $70 million to $90 million.
安德瑪董事會已經批准了一項重組計劃，在該計劃中，公司預計將產生約7,000萬至9000萬美元的稅前重組和相關費用。
"Amid a challenging retail environment in fiscal 2024 that included high inventories and a consistent drumbeat of promotions – we demonstrated disciplined expense control and delivered results that were aligned with our previous outlook," said President and CEO Kevin Plank.
總裁兼首席執行官凱文·普蘭克表示：“在2024財年充滿挑戰的零售環境中，包括高庫存和持續的促銷活動——我們表現出了嚴格的支出控制，並取得了與先前展望一致的業績。”
The Board of Directors has also authorized the repurchase of up to $500 million of Under Armour's outstanding Class C common stock.
董事會還批准回購安德瑪高達5億美元的已發行C類普通股。
Outlook: Under Armour sees FY25 revenue to be down at a low-double-digit percentage rate including a 15% – 17% decline in North America.
展望：安德瑪預計，25財年收入將以兩位數的低百分比下降，其中包括北美的15％至17％的下降。
The company's FY25 adjusted EPS outlook is at $0.18 – $0.21 versus an estimate of $0.59. Gross margin is expected to be up 75 to 100 basis points. Operating income forecast is $50 million – $70 million.
該公司25財年調整後的每股收益展望爲0.18美元至0.21美元，而估計爲0.59美元。毛利率預計將上升75至100個點子。預計營業收入爲5000萬至7000萬美元。
Under Armour sees FY25 capital expenditure of $200 million-$220 million.
安德瑪預計，25財年的資本支出爲2億至2.2億美元。
Price Action: UAA shares are trading lower by 8.8% at $6.20 in premarket at the last check Thursday.
價格走勢：在週四的最後一次盤前檢查中，UAA股價下跌8.8％，至6.20美元。
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照片來自 Shutterstock