Financial insights for the sporting goods industry – Page 7
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ArticleZumiez posts Q4 operating profit, but cautious on FY25 view
Gross margin improved to 36.2 percent and comparable store sales grew to 5.9 percent.
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ArticleE-commerce is key growth driver for Vulcabras, 50% growth in e-com
Vulcabras realized 50 percent year-over-year growth in e-commerce in Q4 to 142.1 million Brazilian reais (€22.4m) and a 55 percent increase for the segment in FY24 to R$433.7 million (€68.1m).
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ArticleYue Yuen reports improved FY results on manufacturing rebound
The globe’s largest manufacturer of footwear posted a 47 percent increase in FY24 Ebit to $572.1 million versus $390.2 million for the 12 months ended Dec. 31.
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ArticleUpdated: Puma’s FY25 outlook affected by geopolitical tensions and tariffs
Puma’s projected FY24 results include an estimated 8.5 percent revenue growth and net income of €281.6 million.
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ArticleZalando’s revenues up 4-9% in 2025
Growth was driven by the ecosystem strategy in both B2C and B2B.
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ArticleFoot Locker’s sales rose 2.6% in Q4, modest growth forecast for FY25
The group will do another 300 store refreshes (following 400 in 2024) and 80 additional “Reimagined” doors.
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ArticleAdidas adopts cautious view on FY25; turns Q4 operating profit
Adidas is forecasting an annual operating profit increase of 27-35 percent in 2025.
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News briefsGrendene Q4 net rises by 36%
Domestic sales increased 9 percent to R$829.4 million (€136.9m).
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ArticleGlobe reports softer H1 sales
Ebit grew by 1.0 percent to A$6,878 million (€4.1m) for the Australian company.
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ArticleAcushnet Q4 sales increase benefits from higher ASPs
Sales in the EMEA increased by 18.3 percent to $57.0 million.
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ArticleArc’teryx delivered over $2bn in FY24 revenues for Amer Sports
A financial turning point in Amer Sports’ journey occurred in Q4. Arc’teryx is still the strongest brand in Amer’s portfolio.
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ArticleTopgolf Callaway Group FY25 results will be impacted by currency, tariffs
The group currently assumes a consumer environment like 20024 and headwinds of approximately $105 million in revenues and $120 million in adjusted Ebitda.
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ArticleNorwegian sports retailers’ sales declined 4.4% in 2024
The biggest retailers in Norway recorded sales of NOK 12.5 billion (€1.07bn) in 2024 – a 4.4 percent decrease from the previous year.
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ArticleBjörn Borg approaches SEK 1bn in sales
Net sales for lifestyle brand Björn Borg rose to SEK 989.7 million (€88.7m), an increase of 13.5 percent in FY24.
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ArticleAlpargatas puts itself in better position with more inventory write-offs
For FY24, the Havaianas parent realized a 73 percent improvement in year-over-year Ebitda to R$342.1 million (€57.0m) as the annual gross margin widened by 290 basis points to 42.9 percent.
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News briefsXebio operating profit rises by 30% for nine months
Net profit attributable to owners of the parent rose by 21 percent to ¥3,925 million (€24.7m).
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ArticleSuper Retail Group H1 sales up 4.0 percent
From a category perspective, footwear and licensed delivered strong growth and fitness tech stood out in the apparel/health/well being segment.
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ArticleGarmin’s fitness segment drives record Q4 and FY24 growth
The fitness segment led record FY24 growth, with wearables driving a 32 percent sales surge.
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ArticleSaucony parent completes first turnaround strategy
Merrell and Saucony parent Wolverine, in reporting Q4 and FY24 results, said the first phase of its turnaround strategy, with its cost cuts and margin expansions, is complete.
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ArticleAsics’ FY operating income hits record high
The running business was helped by a focus on higher-end product and “significant” sales growth in Greater China and Southeast/South Asia. European sales increased by 10.9 percent to ¥99.8 billion (€624.5m).