Under Armour CEO Patrik Frisk on Q3 2020 Results - Earnings Call Transcript

10/30/20

Thank you, Lance. And good morning, everyone, and welcome to our third quarter 2020 conference call. Before we discuss our results, I’d like to pass along Under Armour’s well wishers and the hope that you and your loved ones are staying healthy and safe during the on-going COVID-19 pandemic.

For this and many other reasons, 2020 has proven to be a challenging and transformational year for Under Armour. In an uneven global economic environment, we’ve continued to make tough decisions across our business to ensure that our base is stable and we have the agility to return to profitability in the near term.

Over the long term we are confident that the actions we’ve taken have created an operating model that we believe can deliver consistent value to our consumer and customers as well as sustainable return to our shareholders.

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