All Financial Results articles – Page 109
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Skullcandy reported a net loss of $4.9 million on one...
Skullcandy reported a net loss of $4.9 million on one percent higher sales of $46.3 million for the first quarter, blaming the ongoing clean-up of its distribution in China. Sales increased by 4 percent in the U.S. They declined by 3 percent in the rest of the world, in spite ...
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Wintersteiger's sports segment raised its sales by more than 5...
Wintersteiger's sports segment raised its sales by more than 5 percent last year, reaching a record level, thanks to the strength of the U.S. dollar and the Swiss franc, combined with the adoption of its latest ski maintenance equipment at large projects in Austria and South Tyrol. The segment represents ...
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Giant Bicycle doubled its net profit to 916.7 million Taiwan...
Giant Bicycle doubled its net profit to 916.7 million Taiwan dollars (€24.8m-$28.1m) in the first quarter because of a one-time charge of TWD 655 million (€17.8m-$20.1m) taken last year that was not repeated. Revenues slid by 2 percent to TWD 14.4 billion (€389.8m-$441.2m) and the gross margin dropped by 1.4 ...
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Globeride suffered a 79 percent drop in net income to...
Globeride suffered a 79 percent drop in net income to 859 million yen (€7.0m-$7.9m) for the financial year ended last March 31, although its sales went up by 7 percent to ¥79.02 billion (€640.4m-$725.0m). For the current financial year, the former Daiwa Seiko is predicting an operating profit of ¥3.7 ...
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The acquisition of Camelbak and Jimmy Styx boosted sales and...
The acquisition of Camelbak and Jimmy Styx boosted sales and profits at Vista Outdoor in the fourth quarter ended March 31. Vista reported a 26 percent increase in total revenues to $612.3 million and a 135 percent jump in net profit to $37.3 million for the period. Organically, sales were ...
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News briefs
The average number of rounds of golf played across England,...
The average number of rounds of golf played across England, Scotland and Wales decreased by 7.5 percent in the first quarter of 2016 compared with the same period in 2015, following on from a disappointing final quarter of 2015. According to Sports Marketing Surveys (SMS), which released the latest golf ...
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Fitbit performed better than expected in the first quarter ended...
Fitbit performed better than expected in the first quarter ended March 31 with sales rising by 50 percent to $336.7 million, boosted by the new Alta and Blaze models. Sales rose by 33 percent in the U.S., by 113 percent in Europe, the Middle East and Africa, and by 142 ...
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Giant Manufacturing Co. reported a 17 percent drop in its...
Giant Manufacturing Co. reported a 17 percent drop in its sales in China in 2015. The big Taiwanese bicycle company said its sales were solid in the U.S. and Japan, but they improved only slightly in Europe because of the depreciation of the euro. Total revenues inched up by 0.6 ...
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Erima announced an increase in its total sales of 19...
Erima announced an increase in its total sales of 19 percent to €14 million in the first quarter of this year. As compared to the first quarter of 2015, sales in the German team sport specialist's domestic market grew by 27 percent. Strong increases were also recorded in Austria and ...
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Sales grew by 7.2 percent on a same-store basis at...
Sales grew by 7.2 percent on a same-store basis at the franchised stores of 361 Degrees in China during the first quarter. They went up by 7.5 percent at 361° Kids stores. Inventory turns reached rates of 4.2 and 4.1 times in the two store networks, respectively. The company ended ...
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Mild weather led to nearly stagnant sales of 520 million...
Mild weather led to nearly stagnant sales of 520 million Swedish kronor (€56.7m-$64.0m) in the first quarter for the sports and leisure division of the New Wave group, which includes the Craft, Seger, Cutter & Buck and Ahead brands, and the distribution of Speedo in Scandinavia, among other brands and ...
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According to preliminary figures, Zalando is expected to report a...
According to preliminary figures, Zalando is expected to report a sales increase of between 22.5 percent and 24.5 percent for the first quarter, meaning a turnover in a range between €788 million and €801 million. The adjusted operating margin (Ebit) declined to between 1.5 percent and 3.5 percent, down from ...
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The outdoor & action sports division of VF Corp, with...
The outdoor & action sports division of VF Corp, with brands like The North Face, Vans and Timberland, raised its sales by 2 percent to $1.6 billion for the first quarter ended on April 2. They were up by 4 percent in constant currencies, with increases of 8 percent for ...
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Records were again smashed by Columbia Sportswear in the first...
Records were again smashed by Columbia Sportswear in the first quarter ended March 31, as sales increased by 10 percent to $525.1 million, up by 12 percent in constant currencies. The rise included sales growth of 7 percent to $51.3 million in Europe, the Middle East and Africa (EMEA), up ...
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The fitness segment of Brunswick Corp., led by Life Fitness,...
The fitness segment of Brunswick Corp., led by Life Fitness, reported an 18 percent increase to $218.3 million for the first quarter ended April 2, but its operating income fell by 22 percent to $20.1 million due to higher marketing expenses and $3.8 million in integration costs for the newly ...
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Pou Sheng International, the Chinese sports retailing and distribution company,...
Pou Sheng International, the Chinese sports retailing and distribution company, reports that its net consolidated operating revenue increased by 5.2 percent to $207.4 million in March compared with the same month in 2015. This number relates to turnover less sales discount and returns. The group's net consolidated sales for the ...
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The Thule Group's net income from continuing operations increased by...
The Thule Group's net income from continuing operations increased by 21.5 percent to 169 million Swedish kronor on 5.5 percent higher revenues of SEK 1,380 million in the first quarter. The underlying operating profit margin (Ebit) improved to 17.0 percent from 15.7 percent in the year-ago period, and it went ...
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News briefs
Johnson Health Tech suffered a drop in net income of...
Johnson Health Tech suffered a drop in net income of 90 percent to 272.5 million Taiwan dollars (€7.38m-$8.45m) for the past year on 3 percent higher revenues of NT 16.55 billion (€448.2m-$512.8m). The bottom line was pulled down by the non-recurrence of government subsidies of NT 1.7 billion (€46.0m-$52.7m). The ...
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Sportscheck raised its sales by 7.7 percent to €319 million...
Sportscheck raised its sales by 7.7 percent to €319 million for the fiscal year to the end of February, reports the Otto Group, the owner of the German sports retailer, as part of its preliminary results. Sportscheck had indicated earlier this year that it staged a recovery after a sales ...
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News briefs
Orders collected by 361 Degrees for delivery in the fourth...
Orders collected by 361 Degrees for delivery in the fourth quarter of 2016 were up by a high single digit at its latest house fair, with higher volumes and average selling prices. Footwear led the growth, and apparel orders improved slightly. Orders for the 361° Kids collection rose by a ...