Financial insights for the sporting goods industry – Page 9
-
ArticleXXL revenues contracted 1.8% in Q4
Despite continued negative market developments in the Nordic sports and outdoor markets, the Group’s results are benefiting from a cost reduction programme.
-
ArticleSkechers delivers record annual sales in FY24
The FY24 results of Skechers are the company’s best ever in terms of sales, boosted by the footwear brands’ comfort-technology products.
-
ArticleUnder Armour’s operating income in Q4 slipped by 81%
“We’re dedicated to strengthening our brand with the understanding that this journey is not a sprint, but a marathon that requires resilience and thoughtful strategy,” President Kevin Plank told analysts.
-
ArticleGoPro reports another loss, cuts costs by 30%
Facing revenue declines and delayed product launches, GoPro slashes costs and refocuses on growth to regain profitability by 2026.
-
ArticleMizuno posts record sales and 16.5% growth, fueled by soccer and lifestyle footwear
Mizuno’s total nine-month revenues increased by 4.4 percent year-over-year to €1.11bn, fueled by 17 percent growth in soccer sales to €96.9m.
-
ArticlePeloton Interactive lifts guidance as Q2 loss narrows
The group, citing faster-than-expected operating expense reductions and greater confidence in full-year hardware sales, has raised its FY25 outlook for adjusted Ebitda and free cash flow.
-
ArticleBrooks Running achieved sales growth of 228% in China 2024
Global expansion were the key words for Brooks in 2024. The Seattle-based company realized a 228 percent year-over-year sales growth rate in China in 2024 and expanded its U.S. specialty retail channel business by 19 percent.
-
ArticleCanada Goose delivers higher operating profit, lower sales in Q3
Operating income rose by 2.8 percent to C$204.3 million (€137.3m) for the period ended Dec. 29 as net income attributable to shareholders improved by 7.0 percent to C$139.7 million (€93.9m).
-
ArticleH&M's Q4 lifted 3% but many store closures are expected in 2025
H&M’s net sales in the fourth quarter, ended Nov. 30, amounted to SEK 62.193 billion (€5.42bn), down from SEK 62.650 billion a year earlier. In local currencies, net sales increased by 3 percent.
-
ArticleColumbia reports a 21% gain in operating income FY24
Columbia Sportswear plans to revamp marketing, review costs and expand globally to counter a challenging FY24.
-
ArticleAfter strong fiscal Q3, Deckers Brands raise full-year guidance
Ugg and especially Hoka posted significant increases in sales.
-
News briefsRevolutionRace reports 12% Q2 growth, Alpine collection sales surge
The Swedish DTC brand sees early 2025 sales growth despite market challenges.
-
-
ArticleVF Corp. transition for Vans’ business moving forward
The parent company will reveal more about its strategy for Vans at an investor day on March 6. In detailing Q3 results, President and CEO Bracken Darrell said the company is continuing to expand into different forms of demand creation and action sports.
-
-
News briefsReal Madrid first club to reach €1 billion in revenues
Real Madrid has become the first football club to generate annual revenues of more than €1 billion.
-
ArticleHoliday sales rebound with DTC growth for KMD Brands
KMD reported a strong holiday rebound with DTC growth across Rip Curl, Kathmandu and Oboz despite continued wholesale challenges.
-
ArticlePreliminary 2024 report from Adidas shows double-digit growth to €23.7bn
Adidas reported “better-than-expected” fourth-quarter results, which rose 24 percent in euros to €5,965 million from €4,812 million.
-
ArticleJD Sports warns on profit again as rivals discount stock
JD Sports has issued its second profit warning in two months, citing heavy discounting among market rivals.
-
News briefsNew Balance aiming for $10bn as worldwide sales grew 20% in 2024
The Boston-based company declared that global sales increased by 20 percent last year to $7.8 billion.
