Under Armour shares fall after wider losses and weak profit outlook due to rising costs and tariffs

Under Armour's stock dropped sharply after the company reported a larger-than-expected loss for its fiscal fourth quarter and issued a profit outlook below Wall Street forecasts. The earnings were negatively impacted by rising costs, mainly from increased tariffs and product-price inflation. Additionally, the company faced higher expenses related to its ongoing two-year restructuring plan. This combination of factors has pressured Under Armour's profitability and investor confidence.