Financial insights for the sporting goods industry – Page 5
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News briefsGrendene net falls 19% despite higher sales
For the Brazilian footwear group, gross margin grew by 210 basis points to 46.7 percent.
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ArticleChallenges remain as Topgolf Callaway's total revenues decline by 4.5%
Topgolf Callaway Brands accelerates its focus on cost management and value-driven initiatives.
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ArticleMizuno’s annual operating profit rises by 20%
The Japanese group said that group sales in Japan remained robust, and in Europe, soccer and sportstyle shoes fueled the region’s growth.
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ArticleGoPro saw operating loss widen by 9% to $45.2m in Q1
GoPro faces persistent Asia-Pacific challenges as transformation proceeds but is focusing on lean operations and product launches.
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ArticleShort-term factors impact Yue Yuen’s Q1 profitability as Ebit fell by 23.7%
Net profit was down nearly 25 percent at $83.5 million, and gross profit slipped by 220 basis points to 22.9 percent from 25.1 percent in the year-ago period.
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News briefsXebio’s FY operating profit up 66%
Net income attributable to the parent of Victoria and Golf Partner declined by 62.5 percent year-over-year.
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ArticleYonex annual operating income rises 10%
FY net income was 7.7 percent higher year-over-year to ¥10,591 million (€64.8m) as gross margin improved by 60 basis points to 44.9 percent.
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News briefsZalando’s Q1 revenues beat market expectations
In the first quarter of 2025, Zalando posted a net income of €9.9 million against a loss of €8.9 million a year earlier on rising revenues and improved operating profitability.
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ArticleSaucony and Merrell drive Wolverine’s Q1 growth
The US performance footwear group regained profitability in Q1, led by strong sales from its trail and running brands despite tariff-related uncertainty.
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ArticleCrocs withdraws guidance on macroeconomic uncertainty after better-than-expected Q1
On a constant currency basis, sales increased by 1.4 percent.
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News briefsAllbirds' net revenue decreased 18.3 percent in Q1
Net revenue decreased 18.3 percent to $32.1 million due to planned retail store closures and international distributor transitions.
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ArticlePeloton banking on higher subscriptions to lift FY sales, margins
Peloton Q3 results showed improvements as Peloton adjusted its FY25 outlook and said sales have rebounded.
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ArticleUpdated: Puma remains stable as currency-adjusted sales stay flat in Q1
Puma reports a decline in Q1 profit, sales flat and guidance unchanged, but there is no forecast for the impact of tariffs.
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ArticleAcushnet outlines tariff mitigation strategy as Q1 sales come in flat
“Over the longer-term, I think we have a plan to move out of China in certain aspects of our business,” CEO David Maher said.
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ArticleVulcabras’ Q1 results bolstered by athletic footwear
The Brazilian footwear group reported a 19.5 percent increase in Q1 net income to 106.1 million Brazilian reais (€16.5m).
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ArticleSwedish sports retail sales up 7.6% in Q1 2025 after three years of decline
When winter never came, running shoes, sneakers and low price goods grew big. Ecom bloomed by almost 20 percent during the period.
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ArticleColumbia pulls FY25 guidance on market uncertainty
In Q1, ended March 31, the company reported 4.1 percent operating income growth to $46.5 million.
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ArticleGymshark turns small FY24 operating profit; European sales up 17%
Annual turnover rose by 13.6 percent to €539.7m and gross margin improved by 491 basis points to 55.21 percent.
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ArticleBrooks sets revenue record in Q1
In North America, sales improved by 13 percent, including a 38 percent increase in Canada, marking eight consecutive years of growth.
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ArticleXXL revenues rose 7.2% in Q1
The company’s turnaround plan shows progress in the first period of 2025.
