Financial – Page 4

Article

Brooks stronger than ever as running industry grows

2022-04-26T15:28:00Z

After ending 2021 with global sales of more than $1.11 billion, Brooks Running expects double-digit year-over-year growth in 2022. Despite ongoing disruptions in the global supply chain impacting the running industry, Brooks claims it will continue to deliver for runners and outperform the competition. In Q1 2022, Brooks took first ...

Article

CoDi foresees slower growth in 2022, postpones 5.11 IPO

2022-02-28T07:19:00Z

Compass Diversified (CoDi), citing supply chain and inflationary issues and lower year-over-year demand for products within its Velocity Outdoor business, is forecasting a temporary slowdown in its 2022 growth rate that will likely be lower than its long-term growth rate target. Also, the company, whose portfolio includes Boa Technology and ...

Article

Performance running paced Asics’ gains in 2021

2022-02-10T17:15:00Z

Driven by a 31 percent increase in annual sales of performance running shoes, Asics generated revenues of more than 400 billion yen for the first time in four years in 2021. And the Japanese company’s annual operating income topped 20 billion yen for the first time since 2016. Net sales ...

Article

Golf and running lift Mizuno

2021-11-11T16:25:00Z

Strong sales of golf and running products, especially in the Americas and EMEA, helped Mizuno to boost its total revenues for the second quarter and the first half ended Sept. 30, despite a drop in its home market of Japan during the latest few months. The company’s revenues went up ...

News briefs

Lululemon has upgraded its guidance for the quarter running to...

2016-01-22T00:00:00Z

Lululemon has upgraded its guidance for the quarter running to the end of January on the back of robust sales during the holiday season. The Canadian yoga apparel company said the uptick had been driven by strong execution in stores and online during the key holiday weeks. While sales were ...