Under Armour Inc (NYSE:UAA) (NYSE:UA) shares are plunging after the company declared gloomy guidance.  The company reported a fourth-quarter FY24 sales decline of 4.9% year-on-year to $1.330 billion, meeting the analyst consensus estimate. Wholesale revenue decreased 7% Y/Y to $850 million, and direct-to-consumer revenue was flat at $455 million. Apparel revenue slipped 1% Y/Y, Footwear dropped 11%, while Accessories revenue decreased 7%. North America revenue decreased 10% to $772 million, and international revenue increased 7% to $561 million. Gross profit decreased 1% to $599.6 million, and the gross margin expanded 170 basis points to 45%. The company incurred ...