Financial Results – Page 12
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News briefsReal Madrid first club to reach €1 billion in revenues
Real Madrid has become the first football club to generate annual revenues of more than €1 billion.
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ArticleHoliday sales rebound with DTC growth for KMD Brands
KMD reported a strong holiday rebound with DTC growth across Rip Curl, Kathmandu and Oboz despite continued wholesale challenges.
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ArticlePuma SE reports flat FY24 operating profit despite sales growth
Preliminary annual results at Puma, while showing favorable, 4.4 percent currency-adjusted growth on the sales side
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ArticlePreliminary 2024 report from Adidas shows double-digit growth to €23.7bn
Adidas reported “better-than-expected” fourth-quarter results, which rose 24 percent in euros to €5,965 million from €4,812 million.
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ArticleOn eyes younger consumers and new markets
The Swiss company adds retail partners around the world, is pleased with it´s 2024 and looks for more progress 2025 toward its 2026-2027 financial goals.
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ArticleJD Sports warns on profit again as rivals discount stock
JD Sports has issued its second profit warning in two months, citing heavy discounting among market rivals.
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News briefsNew Balance aiming for $10bn as worldwide sales grew 20% in 2024
The Boston-based company declared that global sales increased by 20 percent last year to $7.8 billion.
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News briefsAmer Sports reports preliminary FY24 results
Sales growth for Amer Sports for the full year 24 is expected to be at the high end of the previous guidance range of 16 to 17 percent. This is despite currency headwinds in the fourth quarter.
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News briefsStella Intl. generates higher FY sales, shipments
Stella International, the publicly traded developer of footwear and leather goods, experienced a 3.5 percent increase in unaudited consolidated revenues to $1,545.1 million for the 12 months ended Dec. 31.
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News briefsXtep Intl. updates on Q4, F24
The company’s core Xtep brand generated high-single-digit year-on-year growth for the FY and Q4.
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News briefsAnta Sports updates its results for Q4 and FY24
Fila brand sales recorded a high-single-digit sales gain in Q4 and a mid-single-digit sales improvement for the full year.
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ArticleNike has a tough run as Q2 results show Ebit down 26%
“This isn’t going to be easy, but we’re ready for the challenge.” Ebit is down 26 percent, after three seasons of loss, but Nike CEO Hill sees light at the end of a long tunnel.
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News briefsNox lost some altitude in FY23
The brand has managed to keep revenues above €25 million.
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News briefsTennis back on top for Dunlop Spain in FY24
With its inventory glut, padel has lost a step.
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News briefsSales up for Inditex in first 9 months of 2024
The Spanish retail group is expanding its logistics.
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News briefsFrasers warns on profits amid weak consumer confidence
Frasers Group has cut its full-year profit forecast, over weak consumer confidence and a tough trading environment, and has also been knocked out of the FTSE 100.
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ArticleZumiez continues to eye profitability in Europe despite recent weather woes
Total Q3 revenues grew by 2.8 percent to $222.5 million from $216.3 million.
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ArticleLululemon expanding further in China, EMEA
With its international business growing strongly and its U.S. business projected to regain its mojo, it will expand its presence in Asia.
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ArticleKey Q3 developments lead Foot Locker to lower FY guidance
Foot Locker’s operating income fell 74% to $12 million in Q3. Total sales declined 1.4% to $1.96 billion.
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ArticleHigh cost of borrowed funds hurts Russian sporting goods industry
The Russian Central Bank having jacking up the key interest rate on loans to a historic high, Russian sporting goods manufacturers and retailers may be forced to revise their development plans in 2025.
