Although performing well internationally, Under Armour has been struggling in North America and announced a restructuring plan last year. The Baltimore-based company's first-quarter results released in May said its North American revenue saw a 1 percent decrease, although total revenue increased by 6 percent. Under Armour chairman and CEO Kevin Plank appeared confident at the time, saying in a statement that the results "demonstrate measured progress" as the company works to "continue to build" its global brand. Currently, Under Armour's stock is experiencing an uptick, with shares closing at $22.81 Wednesday.