(mba 5900) (please type the answer ans use plagarize checker)

question 3; what financial performance issues do you see at under armour based on the data in case exhibits 1,2,and 3?

What financial performance issues do you see at Under Armour based on the data in case Exhibits 1, 2, and 32 19.2 EXHIBITI Selected Financial Data for Under Armour, Inc., 2016-2019 (in millions) 2019 2018 2017 2016 Selected Income Statement Data Net revenues $5,267.1 $5.193.2 $4,989.2 $4,833.3 Cost of goods sold 2,796.6 2.852.7 2.737.8 2,584.7 Gross profit 2.470.5 2,340.5 2.251.4 2.248.6 Selling, general and administrative expenses 2,233.8 2,182.3 2,099.5 1831.1 Restructuring and impairment charges 183.1 124.0 Income from operations 236.8 (25:0) 27.8 417,5 Interest expense, net (21.2) (33.6) (34.5) (264) Other expense, net (5.7) (3.6) (2.8) Income foss) before income taxes 209.8 67.8 (10.3) 388.3 Income tax expense benefit) 70.0 38.0 131.3 Income (los) from equity method investment 1477 Net Income foss) 92,1 (463) $ (483) $ 257.0 Selected Balance Sheet Data Cash and cash equivalents $ 788.1 $ 557.4 $312.5 $ 250.5 Working capital" 1,280.2 1.2777 1,277.3 1.279.3 Inventories at year-end 8923 1,019.5 1,158,5 917.5 Total assets 4,843.5 4,245.0 4,006.4 3,644.3 Long-term debt, including current maturities 592.7 728.8 917.0 817.4 Total stockholders' equity 2,150.1 2,016.9 2,018.6 2,030.9 Selected Cash Flow Data Net cash provided by operating activities $ 509,0 $ 6282 $ 234.1 $ 364,4 EVALUTA EXHIBIT 2 Under Armour's Revenues and Operating Income for Its Four Geographic Regions and Its Connected Fitness Business, 2016-2019 A. Net revenues by geographic region (in millions of $) 2019 2018 2017 2016 North America $3,658.4 $3,735.3 $3,802.4 $4,005.3 EMEA 621.1 591.1 470.0 330.6 Asia Pacific 636.3 557.4 433.6 268.6 Latin America 196.1 190.8 181.3 141.8 Connected fitness 136.4 120.4 89.2 80.4 Total net revenues $5,267.1 $5,193.2 $4,976.6 $4,833.3 B. Operating income (loss) by geographic region (in millions of $) 2019 2018 2017 2016 North America EMEA Asia-Pacific Latin America Connected fitness Total operating income $733.4 53.7 97.6 (3.2) 17.1 $236.8 $718.2 30.4 103,5 (16.9) 5.9 $ (250) $700.2 26.0 89.3 (14.4) (6.5) $ 27.8 $408.4 11.4 68.3 (33.9) (36.8) $417.5 EXHIBIT 3 Under Armour's Revenues, by Product Category 2016-2019 (in millions of $) 2019 2018 2017 2016 Dollars Percent Dollars Percent Dollars Percent Dollars Percent Anna CAS EXHIBIT 3 Under Armour's Revenues, by Product Category 2016-2019 (in millions of $) 2019 2018 2017 2016 Dollars Percent Dollars Percent Dollars Percent Dollars Percent Apparel $3,470.3 65.9% $3.464.1 66.7% $3.287.1 66.4% $3,229.1 66.1% Footwear 1,086.6 20.6 1,063.2 20.5 1,037.8 21.0 1,010.7 20.7 Accessories 416.4 7.9 422.5 8.1 445.8 9.0 406.6 8.3 Total net sales 4,973.2 94.4% 4,949.8 95.3% 4,768.3 96.3% $4.646.4 95.1% License revenues 138.8 2.6 124.8 2.4 116.6 2.4 99.8 2.0 Connected fitness 136.4 26 120.4 2.3 101.9 2.1 88.4 1.8 Total net revenues $5,267.1 100.0% $5.193.2 100.0% $4,989.2 100.0% $4,833.3 100.0%