Financial insights for the sporting goods industry – Page 7
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News briefsStella Intl.’s operating income rises by 15.7% in 2024
Stella’s annual operating income rose 120 basis points to 11.9 percent.
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ArticleFila Holdings reports FY24 sales up 3%, rebrands as Misto
Net loss widened to 69,402 million Korean won (48.6 million euros) in Q4.
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ArticleNike’s Q3 result $11.3bn, down 9% – Hill: ‘We’re on the right path’
Nike moving with “focus and urgency,” but sets realistic outlook for complete turnaround.
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News briefsStrong winter and growth throughout the year for Intersport Austria
Intersport Austria reports a strong winter season with a 17 percent rise in ski rentals and robust growth in running.
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ArticleXtep Intl. realigns strategy, raises FY operating profit by 9.3 percent
Saucony’s parent company´s revenue from continuing operations increased by 6.5 percent to RMB13,577.2 million (€1.782b).
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ArticleGrupo SBF’s adjusted Ebitda improves by 27% in FY24
The group was particularly pleased with results from its Centauro segment.
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ArticleKlarna files for IPO in New York
The Swedish fintech company, valued at €13.6b recently, expects to trade on the New York Stock Exchange under the symbol “KLAR.”
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News briefsIn FY24 Golden Goose revenues rose 13%
In the sole fourth quarter, the top line was up by 14 percent to €188.6 million.
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News briefsDutch withdrawal provokes loss in Sprinter’s FY24
Overall revenue growth could not overcome one-off impairments.
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ArticleXponential Fitness loss widens; restates 2023 financials
The changes increased its net loss for the fiscal year to $6.4 million from $1.7 million.
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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.
