All articles by Bob McGee – Page 2
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ArticleTopsports International’s FY operating profit sinks by 43%
Topsports’ annual operating profit slipped by 43 percent to 1,529.7-million-yuan renminbi (€194.8m).
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News briefs7 percent sales growth for Canada Goose in Q4
For the full year, Canada Goose’s net income improved 78 percent to C$103.6 million (€69.9m).
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ArticleVF Corp. brands The North Face and Timberland post higher Q4 sales
Timberland revenues grew by 13%, and The North Face reported a 4% constant-currency increase in Q4 sales.
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ArticleAmer Sports hikes FY25 guidance, will navigate import tariffs
The group’s Q1 operating profit rose 97% YOY to $214.2 million from $109.0 million on 23% revenue growth to $1,472.5 million from $1,192.5 million.
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ArticleGrupo SBF’s adjusted Ebitda slips by 4.9 percent in Q1
The Brazilian group said it was pleased with the performance of its Centauro group in Q1.
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News briefsMisto Holdings reports revenue growth, flat operating profit in Q1
On a constant-currency basis, Q1 sales fell by 3.3 percent.
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ArticleFoot Locker reports $363m loss in Q1
With the group’s $2.4 billion acquisition by Dick’s Sporting Goods slated to close in H2, Foot Locker has reported preliminary Q1 results.
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ArticleAsics’ Q1 operating profit up 32%, European sales up nearly 22%
The Japanese group generated more than ¥200 billion in quarterly sales for the first time.
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ArticleOn Holdings eyes FY25 growth rate of at least 28%
The Swiss group’s constant currency growth forecast for this fiscal year would push its reported net sales to at least CHF2.8 billion, or approximately €3 billion.
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News briefsGrendene net falls 19% despite higher sales
For the Brazilian footwear group, gross margin grew by 210 basis points to 46.7 percent.
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ArticleChallenges remain as Topgolf Callaway's total revenues decline by 4.5%
Topgolf Callaway Brands accelerates its focus on cost management and value-driven initiatives.
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ArticleAmid ongoing challenges, Under Armour is working to reshape business
The group now focusing on elevated products, storytelling, better distribution, and a refined operating model.
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ArticleMizuno’s annual operating profit rises by 20%
The Japanese group said that group sales in Japan remained robust, and in Europe, soccer and sportstyle shoes fueled the region’s growth.
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ArticleGoPro saw operating loss widen by 9% to $45.2m in Q1
GoPro faces persistent Asia-Pacific challenges as transformation proceeds but is focusing on lean operations and product launches.
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ArticleShort-term factors impact Yue Yuen’s Q1 profitability as Ebit fell by 23.7%
Net profit was down nearly 25 percent at $83.5 million, and gross profit slipped by 220 basis points to 22.9 percent from 25.1 percent in the year-ago period.
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News briefsXebio’s FY operating profit up 66%
Net income attributable to the parent of Victoria and Golf Partner declined by 62.5 percent year-over-year.
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ArticleYonex annual operating income rises 10%
FY net income was 7.7 percent higher year-over-year to ¥10,591 million (€64.8m) as gross margin improved by 60 basis points to 44.9 percent.
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ArticleAlpargatas posted a 93% improvement in Q1
The Havaianas parent posted a 93 percent improvement in Q1 Ebitda year over year to 207.3 million Brazilian reais (€32.3m).
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ArticleSaucony and Merrell drive Wolverine’s Q1 growth
The US performance footwear group regained profitability in Q1, led by strong sales from its trail and running brands despite tariff-related uncertainty.
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ArticlePeloton banking on higher subscriptions to lift FY sales, margins
Peloton Q3 results showed improvements as Peloton adjusted its FY25 outlook and said sales have rebounded.
