Financial insights for the sporting goods industry
We cover the latest financial results and stock market updates from the sports business
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ArticleYonex annual operating income rises 10 percent
FY net income was 7.7 percent higher year-over-year to ¥10,591 million (€64.8m) as gross margin improved by 60 basis points to 44.9 percent.
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ArticleSaucony and Merrell drive Wolverine’s Q1 growth
The US performance footwear group regained profitability in Q1, led by strong sales from its trail and running brands despite tariff-related uncertainty.
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ArticleCrocs withdraws guidance on macroeconomic uncertainty after better-than-expected Q1
On a constant currency basis, sales increased by 1.4 percent.
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News briefsAllbirds' net revenue decreased 18.3 percent in Q1
Net revenue decreased 18.3 percent to $32.1 million due to planned retail store closures and international distributor transitions.
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ArticlePeloton banking on higher subscriptions to lift FY sales, margins
Peloton Q3 results showed improvements as Peloton adjusted its FY25 outlook and said sales have rebounded.
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News briefsUpdated: Puma remains stable as currency-adjusted sales stay flat in Q1
Puma reports a decline in Q1 profit, sales flat and guidance unchanged, but there is no forecast for the impact of tariffs.
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ArticleAcushnet outlines tariff mitigation strategy as Q1 sales come in flat
“Over the longer-term, I think we have a plan to move out of China in certain aspects of our business,” CEO David Maher said.
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ArticleVulcabras’ Q1 results bolstered by athletic footwear
The Brazilian footwear group reported a 19.5 percent increase in Q1 net income to 106.1 million Brazilian reais (€16.5m).
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ArticleSwedish sports retail sales up 7.6% in Q1 2025 after three years of decline
When winter never came, running shoes, sneakers and low price goods grew big. Ecom bloomed by almost 20 percent during the period.
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ArticleColumbia pulls FY25 guidance on market uncertainty
In Q1, ended March 31, the company reported 4.1 percent operating income growth to $46.5 million.
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ArticleGymshark turns small FY24 operating profit; European sales up 17%
Annual turnover rose by 13.6 percent to €539.7m and gross margin improved by 491 basis points to 55.21 percent.
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ArticleBrooks sets revenue record in Q1
In North America, sales improved by 13 percent, including a 38 percent increase in Canada, marking eight consecutive years of growth.
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ArticleXXL revenues rose 7.2% in Q1
The company’s turnaround plan shows progress in the first period of 2025.
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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.
