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Fourth Quarter Results: Under Armour reported a fourth-quarter adjusted loss of 8 cents per share, with sales of $1.18 billion, slightly exceeding expectations despite a year-over-year decline in revenue.

Restructuring Plan and Outlook: The company is implementing a restructuring plan costing between $140 million to $160 million, and anticipates first-quarter adjusted EPS between one cent and three cents, with projected revenue slightly below analyst estimates.

Market Reactions: UnitedHealth shares fell 7% after suspending its 2025 outlook and announcing CEO Andrew Witty's immediate resignation. Rigetti Computing's stock dropped 11.4% due to disappointing revenue, while Hertz Global Holdings saw a nearly 9% decline following worse-than-expected earnings.

Positive Performances: Coinbase shares rose 9.2% as it prepares to join the S&P 500, Under Armour gained 2.2% after beating revenue expectations, and Sea Limited surged 14.1% despite missing revenue forecasts. Boeing's stock increased 1.5% after news of resumed deliveries in China, and Valero Energy received a boost from an upgrade by Goldman Sachs.

Under Armour's Financial Performance: Under Armour reported a revenue decline of 11% to $1.2 billion in the fiscal fourth quarter, primarily due to a 27% drop in sales in the Asia-Pacific region, but exceeded Wall Street expectations by $40 million. The company also experienced a loss of $0.08 per share, aligning with forecasts, while profit margins improved.

Future Outlook: The company anticipates a 4% to 5% decline in total revenue for the first quarter of fiscal 2026, driven by expected drops in North American and Asia-Pacific sales, but projects adjusted earnings per share between $0.01 and $0.03, which is better than breakeven estimates.