Financial insights for the sporting goods industry – Page 2
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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.
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ArticleArc’teryx delivered over $2bn in FY24 revenues for Amer Sports
A financial turning point in Amer Sports’ journey occurred in Q4. Arc’teryx is still the strongest brand in Amer’s portfolio.
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ArticleTopgolf Callaway Group FY25 results will be impacted by currency, tariffs
The group currently assumes a consumer environment like 20024 and headwinds of approximately $105 million in revenues and $120 million in adjusted Ebitda.
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ArticleNorwegian sports retailers’ sales declined 4.4% in 2024
The biggest retailers in Norway recorded sales of NOK 12.5 billion (€1.07bn) in 2024 – a 4.4 percent decrease from the previous year.
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ArticleBjörn Borg approaches SEK 1bn in sales
Net sales for lifestyle brand Björn Borg rose to SEK 989.7 million (€88.7m), an increase of 13.5 percent in FY24.
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ArticleAlpargatas puts itself in better position with more inventory write-offs
For FY24, the Havaianas parent realized a 73 percent improvement in year-over-year Ebitda to R$342.1 million (€57.0m) as the annual gross margin widened by 290 basis points to 42.9 percent.
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News briefsXebio operating profit rises by 30% for nine months
Net profit attributable to owners of the parent rose by 21 percent to ¥3,925 million (€24.7m).
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ArticleSuper Retail Group H1 sales up 4.0 percent
From a category perspective, footwear and licensed delivered strong growth and fitness tech stood out in the apparel/health/well being segment.
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ArticleGarmin’s fitness segment drives record Q4 and FY24 growth
The fitness segment led record FY24 growth, with wearables driving a 32 percent sales surge.
