All Financial results articles
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Article
Schwan-Stabilo’s Outdoor brands report 14.1% revenue decline, maintains optimistic outlook
While the group reported a 6.2% decline in sales for the FY, Outdoor suffered a double-digit decline due to market saturation. The group remains optimistic and focuses on innovation and sustainable growth.
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News briefs
VF faces S&P downgrade due to weak financial performance
Financial challenges lead to a credit downgrade, highlighting the problems of large brand portfolios and operational setbacks.
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News briefs
Canada Goose renews stock buyback program, enhancing capital strategy
A Canadian luxury outdoor apparel brand renews its share repurchase program, focusing on efficient capital allocation and shareholder value.
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Article
Amer Sports reports strong Q3, led by technical apparel
The global sports company reports strong growth, fueled by its premium outdoor and ski brands, and outlines strategic leadership changes and future plans.
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News briefs
Kingmaker Footwear warns on H1 results
H1 revenues are projected to be approximately 15% below last year’s HK$383.0 million (€46.7m).
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Article
Despite sales decline in first three quarters, Ideal reports reduced loss
Despite a sharp revenue decline, the Taiwanese bicycle manufacturer cuts losses significantly, showing resilience after 2023’s major customer insolvencies.
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Article
KMD Brands reports Q1 update, elects board members
The group released trading results, highlighted improved sales trends and announced the re-election of directors at its annual meeting.
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News briefs
Merida reports Q3 sales growth but profit decline
Taiwan’s second-largest bicycle manufacturer sees revenue growth despite profit setbacks, navigating challenging global market conditions with resilience.
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News briefs
Jack Wolfskin remains in turnaround mode
Topgolf Callaway is restructuring the outdoor brand’s cost base and product strategy, with improving sell-throughs and strong performance in China.
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Article
Giant Group's results still affected by high inventories
The Taiwanese group is facing a decline in sales and challenges in the market in the first three quarters despite strong growth in China and new indoor cycling ventures.
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Article
Merrell’s Q3 EMEA sales rise by mid-teens
Merrell’s Q3 sales rose 1.4% to $159.2m, driven by growth in the US and Asia. Parent Wolverine Worldwide eyes a strong 2025 launch for Merrell’s Speed Arc Collection.
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News briefs
Canadian Tire posts profit on lower sales
The group posts mixed Q3 results with gains in Ebit and profit, as Helly Hansen sees improved margins despite a drop in overall sales.
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Article
Vista Outdoor reports solid Q2
Both segments performed satisfactorily in Q2 in the midst of the spin-off plans, with strategic cost-cutting initiatives boosting profitability.
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Article
Despite declines, Clarus sees improvement in outdoor and adventure
Revenue shifts in outdoor and adventure gear reflect strategic adjustments aimed at overcoming challenging consumer demand in key market segments.
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Article
Solo Brands reports Q3 losses, reaffirms FY24 outlook
The outdoor lifestyle brand reports mixed quarterly results, but it maintains its revenue projections for the year.
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Article
Canada Goose Q2 profit rises despite revenue decline
The quarter saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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Article
Yeti makes progress with supply chain diversification as Q3 sales jump 10%
The outdoor company diversifies production, opens a new facility and reports 10% sales growth in Q3, driven by strong drinkware and cooler sales across all channels.
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News briefs
Lenzing reports growth in Q3, maintains 2024 financial outlook
The fiber technology specialist reports improved earnings and reaffirms its annual guidance amid challenging economic conditions.
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Article
Bike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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Article
RVRC sees sales growth accelerate at end of Q1 hit by warm weather
Sales growth picked up for Revolution Race, with gains in key regions despite a modest quarterly increase and challenges in Nordic markets.