Under Armour Inc. has reported its financial results for the fiscal year ending March 31, 2025. The company recorded net revenues of approximately $5.16 billion, reflecting a decrease from the $5.70 billion reported in the previous fiscal year. North America, a key market for Under Armour, saw a significant decline in sales, with revenues falling by $399.54 million, or 11.4%, compared to the previous year. Conversely, the EMEA region reported a slight increase in revenues, up by $4.66 million, or 0.4%. The company's gross profit margin improved to 47.9% from 46.1% the previous year. However, Under Armour experienced a net loss of 3.9% of net revenues, a reversal from the 4.1% net income reported in the prior period. This decline was influenced by increased selling, general, and administrative expenses, which rose to 50.4% of net revenues from 42.1% the year before, and restructuring charges amounting to $57.97 million. A notable operational update is the sale of the MapMyFitness digital platform during the second quarter of Fiscal 2025, which is part of Under Armour's strategic adjustments. The company continues to face challenges due to global events and currency exchange rate fluctuations, impacting its financial performance.