Q1 2021 Under Armour Inc Earnings Call Transcript

May 04, 2021 / 12:30PM GMT
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Under Armour First Quarter 2021 Earnings Webcast and Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to Lance Allega, SVP, Investor Relations and Corporate Development. Thank you, sir. Please go ahead.

Lance Allega - Under Armour, Inc. - SVP of IR & Corporate Development

Thank you. Good morning, and thank you to everyone for joining us for Under Armour's First Quarter Fiscal 2021 Earnings Conference Call.

Yesterday after the close of market, we announced that we have entered into a settlement with the U.S. Securities and Exchange Commission, resolving a previously announced investigation related to disclosure and the impact of certain pull-forward sales for the third quarter of 2015 through the fourth quarter of 2016. This settlement is to our disclosures and does not include any allegations from the SEC that sales during these periods did not comply

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