Financial insights for the sporting goods industry – Page 6
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ArticleArc’teryx drives Amer Sports’ success
With its outdoor brands Arc’teryx, Salomon and Peak Performance, Amer Sports increased its sales and even overtook Adidas in share price. Here is our financial analysis.
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ArticleSales up, profits down at Decathlon in FY24
The group has been cutting costs and plans to continue with this in 2025.
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ArticleEcco’s net revenues drop by 5%
Unsatisfactory results obliged the company to shore up its balance sheet in 2024.
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ArticleSales for Decathlon France amounted to €4.73bn in FY24
This result is flat from the €4.752 billion and €4.7 billion the company reported in FY23 and FY22.
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ArticleLi Ning posts 3.4 percent increase in annual operating profit
By product category, retail sales of running shoes were up 25 percent year-over-year with fitness footwear up by 6 percent.
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ArticleSales rise slightly in Q1 for H&M
H&M (Hennes & Mauritz) said that in the first quarter ended Feb. 28 net sales rose a reported 3 percent to SEK 55.333 billion (€5.10bn).
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ArticleInternational drives the topline as Lululemon annual sales top $10bn for first time
Markets outside the Americas were vital to Lululemon surpassing annual revenues of $10 billion for the first time in 2024.
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ArticleTechnogym posts strong FY24 results despite geopolitical uncertainties
Year-over-year Ebit rose by 22 percent to €122,962,000 and annual net profit jumped by 15.5 percent.
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News briefsGoldwin raises FY profit forecast despite sales decline
Goldwin is cutting its forecast but expects higher profits in 2025, thanksto improved non-operating income and cost management.
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ArticleRip Curl with DTC growth, while wholesale dropped for KMD due to cautious pre-season buying
Despite a tough first half, the parent of Kathmandu, Oboz and Rip Curl sees positive momentum in DTC and wholesale orders.
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News briefsStella Intl.’s operating income rises by 15.7% in 2024
Stella’s annual operating income rose 120 basis points to 11.9 percent.
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ArticleFila Holdings reports FY24 sales up 3%, rebrands as Misto
Net loss widened to 69,402 million Korean won (48.6 million euros) in Q4.
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ArticleNike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’
Nike moving with “focus and urgency,” but sets realistic outlook for complete turnaround.
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News briefsStrong winter and growth throughout the year for Intersport Austria
Intersport Austria reports a strong winter season with a 17 percent rise in ski rentals and robust growth in running.
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ArticleXtep Intl. realigns strategy, raises FY operating profit by 9.3 percent
Saucony’s parent company´s revenue from continuing operations increased by 6.5 percent to RMB13,577.2 million (€1.782b).
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ArticleGrupo SBF’s adjusted Ebitda improves by 27% in FY24
The group was particularly pleased with results from its Centauro segment.
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ArticleKlarna files for IPO in New York
The Swedish fintech company, valued at €13.6b recently, expects to trade on the New York Stock Exchange under the symbol “KLAR.”
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News briefsIn FY24 Golden Goose revenues rose 13%
In the sole fourth quarter, the top line was up by 14 percent to €188.6 million.
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News briefsDutch withdrawal provokes loss in Sprinter’s FY24
Overall revenue growth could not overcome one-off impairments.
