Financial

Fila raises revenue guidance but sees operating profits under pressure

By Heather O'Brian 2022-11-14T15:51:00

Fila

Korea-based Fila Holdings raised its guidance for full-year sales following the strong performance of its Acushnet subsidiary and a surge in global royalty revenues in the third quarter but cut its guidance for operating profits amid one-off restructuring costs and margin pressure due to promotional activities resulting from challenging market ...

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