Financial insights for the sporting goods industry – Page 6
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News briefsBasicNet Q1 revenues fall 3.3% amid ‘unstable’ geopolitical and macroeconomic landscape
Consolidated first-quarter revenues to €98.3 million for the Italian group, which owns Kappa, Superga, and Sebago.
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ArticleStrong Adidas results tempered by potential tariff impact
Operating income for the German brand rose by 82 percent to €610 million from €336 million in the period ended March 31.
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ArticleAfter ‘exceptional’ Q1 Skechers pulls FY guidance amid trade uncertainty
On a regional basis, sales in the Europe, Middle East and Africa (EMEA) region increased by 14.0 percent to $718.2 million.
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ArticleNew Wave Sports Q1 net sales increased by 9.0%
CEO Torsten Jansson: ”We are opening another warehouse in the south of the US to improve customer service in that region.”
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ArticleAdidas Q1 2025 results better than expected, sales up 13%
The company’s revenues grew by nearly €700 million and reached €6.153 billion in Q1.
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News briefsDouble-digit growth in Q1 for 361 Degrees
The Chinese brand’s in-store sales of core branded products improved 10 percent to 15 percent in the first quarter of 2025.
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News briefsPádel Nuestro targets 44% sales increase for 2025
The company looks at the next growth phase.
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ArticleMacron’s turnover in 2024 rose by 13.7%
The company’s full-year consolidated turnover has exceeded €200 million for the first time.
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ArticleJD Sports maintains FY25 guidance, details FY26 outlook
In its recently completed FY25, JD Sports posted organic revenue growth of 5.8 percent and profit before tax and adjusted items in line with its January guidance range of £915-£930 million (€1.06-1.09b).
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ArticleArc’teryx drives Amer Sports’ success
With its outdoor brands Arc’teryx, Salomon and Peak Performance, Amer Sports increased its sales and even overtook Adidas in share price. Here is our financial analysis.
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ArticleSales up, profits down at Decathlon in FY24
The group has been cutting costs and plans to continue with this in 2025.
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ArticleEcco’s net revenues drop by 5%
Unsatisfactory results obliged the company to shore up its balance sheet in 2024.
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ArticleSales for Decathlon France amounted to €4.73bn in FY24
This result is flat from the €4.752 billion and €4.7 billion the company reported in FY23 and FY22.
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ArticleLi Ning posts 3.4 percent increase in annual operating profit
By product category, retail sales of running shoes were up 25 percent year-over-year with fitness footwear up by 6 percent.
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ArticleSales rise slightly in Q1 for H&M
H&M (Hennes & Mauritz) said that in the first quarter ended Feb. 28 net sales rose a reported 3 percent to SEK 55.333 billion (€5.10bn).
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ArticleInternational drives the topline as Lululemon annual sales top $10bn for first time
Markets outside the Americas were vital to Lululemon surpassing annual revenues of $10 billion for the first time in 2024.
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ArticleTechnogym posts strong FY24 results despite geopolitical uncertainties
Year-over-year Ebit rose by 22 percent to €122,962,000 and annual net profit jumped by 15.5 percent.
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News briefsGoldwin raises FY profit forecast despite sales decline
Goldwin is cutting its forecast but expects higher profits in 2025, thanksto improved non-operating income and cost management.
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ArticleRip Curl with DTC growth, while wholesale dropped for KMD due to cautious pre-season buying
Despite a tough first half, the parent of Kathmandu, Oboz and Rip Curl sees positive momentum in DTC and wholesale orders.
