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Under Armour Stock Jumps With Restructuring In Full Swing
~1.1 mins read
Under Armour (UAA) shares popped intraday Thursday following the company's first-quarter fiscal 2025 results, its first since announcing a substantial restructuring plan.
The athletic apparel retailer said it has recognized $34 million of the estimated $70 to $90 million in charges related to the restructuring, with the remainder expected to occur in fiscal 2025. Notably, the process has included a drawback in promotional material.
"We are encouraged by early progress in our efforts to reconstitute a premium positioning for the Under Armour brand and pleased with our first quarter fiscal 2025 results that were ahead of expectations," Chief Executive Officer (CEO) Kevin Plank said.
Under Armour reported revenue of $1.18 billion, down 10% year-over-year but above analysts' expectations of $1.14 billion, per Visible Alpha. North America revenue decreased 14% to $709.3 million.
It posted a per-share loss of 70 cents, far wider than expectations of a loss of 27 cents per share. However, the company posted an adjusted profit of 1 cent per share, while analysts expected an adjusted loss of 8 cents per share.
Under Armour said it expects fiscal 2025 revenue to fall at a low double-digit percentage rate, in line with expectations. It sees earnings swinging to a loss between 53 cents and 56 cents per share, far wider than expectations of a 4-cent loss per share, and an adjusted per-share profit of 19 cents to 22 cents, in line with expectations of 20 cents.
Shares of Under Armour surged nearly 20% to $7.74 as of 12:10 p.m. ET Thursday. Still, they are down about 12% in 2024.
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News_Naija

Sickle Cell Trait Vs. Sickle Cell Disease: Key Differences
~3.0 mins read
Sickle cell conditions are genetic blood disorders that affect haemoglobin, the molecule in red blood cells responsible for carrying oxygen throughout the body. While both sickle cell trait and sickle cell disease involve mutations in the haemoglobin gene, they are fundamentally different in terms of symptoms, severity, and impact on daily life. Understanding these differences is crucial for individuals carrying the trait, those diagnosed with the disease, and the broader medical community. What is Sickle Cell Trait? SCT occurs when an individual inherits one normal haemoglobin gene (HbA) from one parent and one sickle haemoglobin gene (HbS) from the other. This means the person is a carrier of the sickle cell mutation but does not typically experience severe symptoms. Characteristics of SCT: What Is Sickle Cell Disease? SCD occurs when an individual inherits two sickle haemoglobin genes (HbSS) or a combination of one sickle haemoglobin gene and another abnormal haemoglobin gene (e.g., HbSC or HbS beta-thalassaemia). Unlike sickle cell trait, SCD leads to chronic health complications due to the abnormal shape of red blood cells. Characteristics of SCD: Key differences between Sickle Cell Trait and Sickle Cell Disease Sickle cell trait and sickle cell disease differ in several important ways: Genetics: Individuals with SCT inherit one normal haemoglobin gene (HbA) and one sickle gene (HbS), while those with SCD inherit two sickle genes (HbSS) or one sickle gene along with another abnormal gene like HbC or beta-thalassaemia. Symptoms: Those with SCT usually show no symptoms except under extreme conditions, whereas individuals with SCD often suffer chronic pain, anaemia, fatigue, organ damage, and frequent infections. Impact on daily life: Minimal to non-existent for those with SCT, whereas individuals with SCD often require lifelong medical care and experience disruptions in daily activities. Reproductive risk: If one parent has SCT, there is a 50 per cent chance of passing on the trait. If one parent has SCD, all children will inherit at least the trait. If both parents have SCD, their children will definitely have the disease. Life expectancy: Generally normal for those with SCT, whereas individuals with SCD often have a reduced life expectancy, though advances in treatment are improving outcomes. Medical management: Usually unnecessary for SCT unless complications arise under extreme conditions. SCD, however, requires consistent treatment, such as medications, transfusions, and sometimes bone marrow transplants. Risk of stroke and organ damage: Very low for individuals with SCT but significantly higher for those with SCD due to blocked blood vessels caused by sickled cells. Screening and diagnosis Both sickle cell trait and sickle cell disease are diagnosed through a simple blood test called haemoglobin electrophoresis, which determines the type of haemoglobin present in a person’s blood. Newborn screening: In many countries, newborns are tested for sickle cell conditions shortly after birth, allowing for early intervention. Carrier testing: If one or both partners are carriers of SCT, genetic counselling can provide valuable insight into reproductive options. For individuals with SCT: Stay hydrated and avoid extreme conditions: Dehydration, high altitudes, and strenuous physical activities can increase the risk of complications. Inform healthcare providers: Let doctors know about SCT status, especially before surgery or participating in high-intensity sports. For individuals with SCD: Manage pain proactively: Use pain relievers, warm compresses, and prescribed medications to manage crises. Maintain a healthy lifestyle: Eating a balanced diet, staying hydrated, and avoiding infections can help reduce complications. Regular medical follow-ups: Routine check-ups with a haematologist are essential to monitor organ health and overall well-being. Sickle cell trait and sickle cell disease are related conditions but differ significantly in their impact. SCT carriers usually live normal lives with minimal risk, while individuals with SCD face serious health challenges requiring lifelong medical care. Awareness, early detection, and proper management are key to improving the quality of life for those affected. Understanding these differences is vital for individuals, families, and healthcare professionals in making informed decisions about health and reproduction. Until next time. If you would like to get in touch with me about sickle cell, you can do so via my email address: [email protected]. Also, check out my blog: https://www.dailylivingwithsicklecell.com/ My book on sickle cell, “How to Live with Sickle Cell”, and my other books are available for purchase on www.amazon.com.
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Lithium Stocks Surge On Report Rio Tinto May Be Considering Acquisition
~0.9 mins read
Shares of Albemarle (ALB), Arcadium Lithium (ALTM), and Sociedad Quimica y Minera, or SQM (SQM), jumped Friday following a report that mining giant Rio Tinto (RIO) could be looking to buy a company in the lithium sector.
wrote, "Rio Tinto may join BHP (BHP) in a big acquisition and some believe that a major deal in the lithium space may now not be too far away."
One of the world's biggest mining companies, Rio Tinto is better known for its copper, iron ore, and diamond extraction. However, it does produce lithium, which it says "is part of our portfolio of materials essential to a low-carbon future."
Lithium is a key ingredient in batteries used to power electric vehicles (EVs), as well as personal electronics such as laptops and cellphones.
Albemarle is the top lithium producer. However, it has struggled lately because of the tumbling price of lithium, which was driven lower by falling demand for EVs. In addition, Chief Executive Officer (CEO) Kent Masters has complained about China's dominance in the market, and warned Western nations they need to take steps to end it or risk losing supplies.
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10 Instances That Prove Chris Martin Is An Absolute Dakota-Coded Pookie
~1.1 mins read
It has been 10 days since I attended Coldplay’s Mumbai concert. Since then, every 3rd or 4th post on my Instagram feed (trust me, I counted) has been about the band. I have always felt that a band’s frontperson or lead singer always takes ‘too’ much credit. People make superstars out of them while generally ignoring the people behind the instruments. Certainly, jo dikhta hai wohi bikta hai, but the man on the drum or the guitar contributes equally to creating a band’s aura and magic. However, I think I can make an exception for Chris Martin. I don’t know how Chris manages to do this, but even in a packed stadium, it feels like Chris is talking straight to you. Of course, the entire concert is an elaborate effort of hundreds of people to make the audience feel wholesome, but I don’t think it would be possible without the sheer warmth Chris exudes. When he addresses people, saying “my beautiful brother and sister”, you know he means it. The charm of Chris comes from his truth – it always feels like he believes in the message of love, light, and humanity (often aliens) he’s trying to convey. Well, you can’t fake it for 27 long years. His India visit had many memorable and wholesome moments. Here’s a list of those moments of our Dakota-approved Pookie. After teasing Jasprit Bumrah’s presence during their India tour, we finally got to see the number-one bowler in the world at Coldplay’s concert. Chris sang a rendition of his songs dedicated to fans and played a clip of a lethal Bumrah yorker. All our hearts
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