All Financial Results articles – Page 16
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News briefsPadel market’s deflation hit AFP Courts in FY23
AFP Courts – whose parent, AFP Group, holds the padel license for Adidas – saw a year-on-year decline in revenues for 2023 of 19.3 percent, according to CMDsport. The figure was down 3.8 percent from 2021, as well. FY23 has in fact brought to a close a four-year streak of ...
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ArticleAdidas lifts FY guidance after another strong quarter
Citing current brand momentum and better-than-expected results in Q3 ended Sept. 30, Adidas increased its FY24 guidance for a second consecutive period. The German group is now forecasting about 10 percent currency-neutral sales this fiscal year, up from a prior outlook of a high-single-digit rate and €1.2 billion in ...
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News briefs361 Degrees updates on Q3
361 Degrees saw sales of both its own private label and kids’ brand products increase by 10 percent year-over-year.
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News briefsAnta Sports updates on Q3 results
The sales of Anta Sports recorded a mid-single-digit, year-over-year sales increase in the period ended Sept. 30.
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ArticleZalando raises its forecast for 2024
Zalando’s strong Q3 performance boosts its annual outlook, driven by a surge in active customers and robust seasonal demand.
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News briefsRecord annual revenues at Megasport
The Catalonian distributor Megasport has finally surpassed its old record for annual revenues, set in 2019, of €19.0 million, according to CMDsport.
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ArticleIntersport Spain is raising €8 million in capital
Things are “very delicate” for Intersport S.L., which is hoping to raise €8 million in capital.
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ArticleJD Sports interims beat forecasts but Nike woes worry investors
JD Sports posts a better-than-expected profit increase, maintaining growth plans despite volatile conditions and Nike’s revenue decline.
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ArticleNike’s FY25 gets off on the wrong foot, with Hill ready to lead the climb back
With sales and income down for Q1, the American giant will strive to spur growth through innovation.
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News briefsSportsShoes.com reports 22% growth in international sales
Gains 75,000 new customers in H1 FY25.
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ArticleIntersport Austria reports stable performance
Two factors in particular were crucial to the company’s sales success.
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ArticleSofter consumer sentiment continues to hamper KMD Brands
New Zealand’s KMD Brands, owner of Rip Curl, Kathmandu and Oboz, saw FY24 sales drop 11.2% amid weak consumer sentiment, posting a NZ$48.3m net loss.
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ArticleGolden Goose H1 sales up by 12% driven by DTC
DTC net revenues grew 18 percent to €226.8 million.
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News briefsInditex reports strong profit growth in H1 amid global expansion
The Spanish parent company of several fast fashion brands, including Zara, saw a 10.1% increase in net income and 7.2% sales growth.
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News briefsRidestore’s turnover increased by €44.1 million
Swedish e-retailer Ridestore’s turnover keeps increasing up to €142 million.
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ArticleManchester United posts loss amidst record revenues
The club has added five players to the men’s first team and six players to its women’s team
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ArticleAll For Padel keen on the US
The Adidas license holder for padel will be launching a pickleball collection.
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ArticleUnder Armour revises FY outlook
Due to these expected actions, the Baltimore-based group has revised its FY25 outlook.
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News briefsZumiez Q2 results improve as North American comps rise high-single digits
The Q2 net loss of $847,000 was 90% better than the year-ago loss of $8,509,000.
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News briefsAthleta continues broadening customer base as Q2 sales dip slightly
Gap Inc. anticipates Athleta’s sales rebound in H2, despite a slight Q2 decline, with improving margins and successful marketing campaigns fueling growth.
