Financial insights for the sporting goods industry – Page 11
-
News briefsEtsy reports mixed Q2 amid strategic growth initiatives
The online marketplace recorded a mixed Q2. Despite a slight decline in total sales and net profit, the focus was on the gifts segment, which drove sales growth.
-
ArticleCrocs delivers record Q2, outlook on ‘cautious consumers’ spooks investors
Crocs shares fell almost 2.7% after a disappointing third-quarter forecast that revealed a cautious outlook for the US and China, despite strong international sales and growth of its iconic Classic Clogs in Q2.
-
ArticleCanada Goose generates robust Asia-Pacific sales in Q1
Despite a challenging first quarter with a decline in wholesale, the Canadian company achieved overall sales growth of 4%, driven by strong demand in the Asia-Pacific region for its SS24 collection.
-
News briefsYue Yuen sees recovery taking shape
Yue Yuen expects H1 profitability to surge, driven by improved capacity utilization, increased footwear shipments and a focus on efficiency.
-
News briefsBasicNet’s H1 Ebitda falls by 22 percent
The Italian group ended the first six months with €-93.1 million and forecasts H2 results to be flat year over year.
-
ArticleFitness, automotive segments drive Q2 sales at Garmin
Garmin adjusted its FY guidance after reporting operating income growth of 20 percent on a 14 percent total revenue expansion in Q2.
-
ArticleAdidas’ results in step with earlier guidance
The preliminary Q2 results published in mid-July were confirmed with the official figures: The group posted sales growth of 8.9% to €5.82 billion.
-
ArticleBrooks Running rebounds in EMEA
The Seattle-based company recorded sales growth of 4 percent in the second quarter and achieved record global sales with an increase of 15 percent compared to the same quarter of the previous year.
-
ArticleGrupo SBF turns a profit in Q2, improves key figures
The Brazilian group hit historical net revenue, gross income, Ebitda and net income for the period ended June 30.
-
News briefsMacron posts 19% sales growth in the first half
The Italian sportswear brand Macron achieved sales of EUR 93 million in the first half of 2024 and generates more than 80 percent of its sales outside its home country.
-
ArticleEMEA paces Skechers’ sales growth in Q2
Skechers sets a new sales record in Q2 with growth in both wholesale and DTC around the world.
-
News briefsKappa sales decline for China Dongxiang in Q1
Sportswear company China Dongxiang reported a mid- to low-single-digit decrease in retail sales for its Kappa and Kappa Kids’ stores during Q1 ended June 30. Additionally, same-store sales saw a mid-single-digit decline. By the end of the quarter, the company operated 1,003 stores, nine fewer than in the previous quarter.
-
News briefsSprinter continued to grow in FY23
According to Diffusion Sport, Sprinter generated €585.8 million in sales for its full year 2023, which extended from February 2023 to January 2024. This figure represents a rise of 13 percent year-on-year and 100 percent from the pre-lockdown year of 2019. Net profits amounted to €37.9 million, up about 11 ...
-
ArticleAnother strong quarter for Deckers as Powers’ era ends
Deckers raises its forecast for FY25 after double-digit sales gains for both its Hoka and Ugg brands.
-
ArticleColumbia reports Q2 loss, but brand awareness rises in Europe
Columbia Sportswear’s guidance for the full year remains unchanged despite a loss in the second quarter.
-
ArticleDTC drives Moncler revenues in H1
Moncler generated a 24 percent increase in H1 net profit to €180.7 million from €145.4 million as Ebit rose by almost 19 percent to €258.7 million.
-
ArticlePolygiene’s cost-cutting measures take effect
Polygiene turned an operating profit of SEK 2.6 million against a loss of SEK 4.0 million in Q2, as cost-cutting measures and strategic changes made last year began to take effect.
-
News briefsPerfect Moment lowers annual operating loss
British luxury skiwear and lifestyle brand Perfect Moment lowered its annual operating loss by 11 percent to $7.7 million for the 12 months ended March 31.
-
ArticleFrasers calls FY24 ‘a breakout year’ for future growth
Frasers Group, citing its strengthened brand partnerships and the ongoing execution of its “Elevation Strategy,” is eying £575–£625 million in annual adjusted profit before tax for the current fiscal year ending in April 2025.
-
ArticleFootway publishes Q2 report, announces sale of Footway+
As part of the previously announced strategic review, the Board of Directors of Footway Group AB has decided to sell Footway+ with preferential rights for the company’s shareholders.
