Under Armour, Inc. (NYSE:UAA) Q2 2024 Earnings Conference Call November 8, 2023 8:30 AM ET
Company Participants
Lance Allega - Senior Vice President, Investment Relations and Corporate Development
Stephanie Linnartz - President and Chief Executive Officer
David Bergman - Chief Financial Officer
Conference Call Participants
Jay Sole - UBS
Simeon Siegel - BMO Capital Markets
Jim Duffy - the Stifel
Laurent Vasilescu - BNP Paribas Exane
Bob Drbul - Guggenheim
Matthew Boss - JPMorgan
Paul Lejuez - Citigroup
Alex Stratton - Morgan Stanley
Jonathan Komp - Baird
Operator
Good morning and welcome to Under Armour's Q2 2024 Earnings Conference Call. All participants’ will be in listen-only mode. [Operator Instructions] After today’s presentation there will be an opportunity to ask questions. [Operator Instructions] Please be advised that today's call is being recorded.
I would now turn the call over to Lance Allega, Senior Vice President of Investment Relations and Corporate Development. Please go ahead.
Lance Allega
Good morning and welcome to Under Armour's second quarter fiscal 2024 earnings conference call. Today's event is being recorded for replay. Joining us on today's call will be Under Armour President and CEO, Stephanie Linnartz; and CFO, Dave Bergman.
Our remarks today will contain certain forward-looking statements that reflect Under Armour’s management's current view of our business as of November 8, 2023. These statements may include projections for our business at the present in future quarters and fiscal years. Forward-looking statements are not guarantees of future business performance and our actual results may differ materially from those expressed or implied in the views provided today. Statements made are subject to risks and other uncertainties detailed in this morning's press release and documents filed regularly with the SEC, including our annual report on Form 10-K and our quarterly reports on Form 10-Q.
Today's discussion may also include the use of non-GAAP references. Under Armour believes these measures provide investors with a helpful perspective on underlying business trends. When applicable, these measures are reconciled to most appropriate U.S. GAAP measures, reconciliations of which, along with other pertinent information can be found in the morning's press release and at about underarmour.com.
With that, I'll turn the call over to Stephanie.
Stephanie Linnartz
Thank you, Lance, and good morning to everyone joining today's call. I'm pleased that our second quarter results, particularly our profitability were better-than-expected. I'm also encouraged by the progress we're making in strengthening the parts of our business that will set us up for greater success over the long-term. That said, we did update our full-year outlook to reflect additional top line pressures for the balance of fiscal ‘24, mainly due to our North American business, which we'll address later in this call.