All Financial results articles – Page 3
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News briefs
Revolution Race Board seeks re-election
Board re-election, dividends, share buybacks and executive incentives are on the agenda for the Nov. 19 RVRC shareholder meeting.
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Article
Helen of Troy reports higher sales, lower operating profit for Home & Outdoor segment
The Texas-based company’s Home & Outdoor segment saw a slight revenue boost but a 14% drop in operating income, with Osprey and Hydro Flask expanding distribution.
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News briefs
Outnorth's profits recover after a difficult year
The Swedish e-comm company recovered from a loss in 2022 to a SEK 10.5m profit thanks to technical improvements and strategic changes.
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Article
Outdoorsy Group plans European expansion after $3bn milestone
The US-based outdoor travel operator surpasses $3 billion in sales and has bold plans to expand its RV rental marketplace and insurance services across Europe.
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Article
KMD Brands reports 11.2% drop in FY24 sales
Weak consumer sentiment led to a challenging year for KMD Brands, parent of Rip Curl and Kathmandu, with a net loss of NZ$48.3 million.
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Article
Alfa is stronger than ever and has a new head office
Norwegian shoe brand Alfa Sko has moved into a brand-new headquarters and expects record sales in 2024.
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News briefs
Revenues, income down at Snow Factory
The Iberian distributor’s revenue fell 2.3% in 2023 to €17m, marking its first drop in four years, with net income plunging 65%.
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News briefs
Angling Direct delivers solid half-year performance
UK’s largest fishing tackle retailer reports strong performance with boosted UK sales and a new store in Europe, driven by expanded footprint and growing online presence.
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Article
Spinnova: Navigating challenges and embracing strategic shifts in H1
The Finnish innovator in sustainable textiles navigates financial challenges with strategic shifts, boosted by a key partnership for a new production facility.
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News briefs
KMD's preliminary FY24 results: Kathmandu shows resilience amid sales decline
KMD Brands expects FY24 Ebitda of NZ$49-51m as sales drop 11.2%. Rip Curl and Kathmandu showed Q3/Q4 improvement, but margins fell 30 basis points.
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Article
Amer Sports lifts FY guidance after strong Q2 driven by Arc’teryx
Arc’teryx drives Amer’s Q2 success, boosting stock by over 10% and leading to an upgraded full-year forecast with strong growth in Technical Apparel.
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Article
Things are improving at Merida
Taiwan’s second-largest bike producer saw a strong recovery in Q2 with a 25% revenue increase, signaling a positive outlook for the rest of the year as production ramps up.
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Article
Leatt with flat numbers, but optimistic due to visible growth at dealer, consumer levels
The South African supplier of two-wheeler equipment sees optimism ahead despite an 18.4% revenue drop, driven by a growth trend seen at dealer and consumer levels.
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News briefs
Samsonite operating profit inches up in H1
The Gregory parent’s H1 profit rose by 1%, with net income up 4.5%. Sales grew 2.8%, driven by strong travel demand despite regional challenges.
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Article
Regions outside the Nordics drive RVRC’s FY sales growth
The Swedish DTC outdoor company Revolution Race achieves strong double-digit growth in Q4 and for the full year.
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News briefs
Alpen's net profit falls by 68% despite sales growth in Japan
The Japanese sporting goods retailer’s annual operating profit declined 34% over the 12-month period ending June 30.
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News briefs
Helly Hansen grows marginally in Q2
The parent company Canadian Tire reported a 2.9% decline in group sales, while the Norwegian brand was able to increase sales by 1.2%.
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Article
Merrell works on innovation with parent in throes of turnaround
Wolverine Worldwide boosts its FY24 outlook as Merrell drives growth with innovative trail styles – despite overall Q2 challenges.
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Article
Giant: After slow first half year, all hopes rest on the second
Giant Group eyes a stronger second half, driven by China’s growing demand, despite a tough start and challenges in Western markets.