Financial Results – Page 15
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News briefsBrooks Running global revenues top $1 billion for nine months
The Seattle-based running specialist hit a major sales milestone ahead of Q4, with double-digit gains in EMEA and North America.
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ArticleGarmin posts double-digit sales gains in all segments
The Swiss company boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments.
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ArticleCrocs cautious on FY sales outlook as Heydude recovery drags on, China growth slows
Crocs reports strong third-quarter results. Heydude is lagging behind, while international sales are fueling growth for the Crocs brand. The outlook for the Chinese market is more cautious in light of shifting demand.
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ArticleAdidas Q3: Ready to deliver revenue growth of 10%
In its Q3 report, Adidas says it is examining a business model focused on a new generation of consumers and is ready to deliver currency-neutral revenue growth of approximately 10% in 2024.
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ArticleVF Corp.’s turnaround continues to take shape
VF Corp. continues to make progress on its turnaround plan, delivering sequential sales improvement, a year-over-year increase in gross margin, and a 13 percent reduction in inventories in the second quarter that ended September 30.
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News briefsAdidas' debt rating outlook raised as H1 results exceed expectations
S&P Global Ratings revised the outlook for the debt ratings of Adidas AG to stable from negative.
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News briefsYue Yuen gives positive profit warning
The company said it has been optimizing its staffing levels relative to the demand in its order pipeline.
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ArticleFenix Outdoor reports mixed Results in Q3
In Q3, sales in the branded segment declined 21%, while the retail segment varied by region.
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ArticleSkechers sees rebound in India, stumbles in China in Q3
Overall, Skechers’ revenues in the third quarter rose by 15.9 percent to reach $2,347.7 million.
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ArticleHoka continues to shine and makes Deckers raise guidance in better-than-expected Q2
Deckers raises its sales and earnings guidance for the full fiscal year as the growth of its Hoka brand continues to accelerate.
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News briefsSaucony sales makes Xtep Intl. to update it's Q3
The Chinese sports brand, which owns the Chinese rights to Saucony, K-Swiss, and Merrell, updated its Q3 numbers after seeing sales rise.
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ArticleTopsports’ H1 revenues, profit tumble
Greater China’s top Nike and Adidas retailer saw sales, profit and gross margin fall in the six months to August 31.
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ArticleCisalfa Group reports increased revenues for 2023/24
Cisalfa Group announces 2023/2024 financial results with revenues increased to over €700 million.
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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.
