All Financial results articles – Page 48
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Article
Columbia’s sales growth is softening
The management of Columbia Sportswear is projecting an increase of 4.5 to 6.0 percent in its total sales this year, with an operating margin of 12.6 to 12.8 percent.
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ArticleJohnson Outdoors’ profits up 83%
(SGI) Johnson Outdoors recorded strong gains in revenues and profits in all its divisions except Watercrafts for its first fiscal quarter, ended on Dec. 27, 2019. The company’s net income jumped by a staggering 83 percent from the year-ago period to $6.4 million.
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Article
VF lowers its outlook
(SGI) In releasing its results for its third quarter ended on Dec. 28 on Thursday, VF Corporation said its business so far this year has performed at the high end of its group’s long-term growth objectives, but the management admitted that it will not be able to meet the targets ...
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Article
Hydro Flask is once again Helen of Troy’s shining star
Lifted by Hydro Flask, sales at Helen of Troy’s Housewares segment jumped by 28.5 percent to $183.2 million in the fiscal third quarter ended on Nov. 30. The better-than-expected results led the group to lift its guidance for the year.
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Article
Mountain Warehouse’s sales up by 16%
For the 13 weeks ended on December 29, 2019, Mountain Warehouse saw sales climb by 16.2 percent to £95.8 million (€112.0m-$125.0m).
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News briefs
Johnson Outdoors returned to profit in its fourth fiscal quarter,...
Johnson Outdoors returned to profit in its fourth fiscal quarter, ended on Sept. 27. The group's net income reached $3.9 million, against a net loss of $4.9 million for the corresponding period in 2018. The management said this was largely due to increased sales and the timing of tariff exclusions ...
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News briefs
Anta Sports Products, the Chinese sports brand, is confident in...
Anta Sports Products, the Chinese sports brand, is confident in its growth trajectory, to judge by its latest 2019 projections. According to a letter sent by the company to its shareholders, its financial data through November is indicative of a jump in net income of at least 45 percent by ...
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News briefs
American Outdoor Brands, which is aiming to separate its outdoor...
American Outdoor Brands, which is aiming to separate its outdoor and firearms businesses in the second half of 2020, reported a 15 percent drop to $47.8 million in the revenues of its Outdoor segment in the company's second quarter ended Oct. 31, due to lower sales of shooting and hunting ...
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News briefs
Production delays pushed deliveries of GoPro's new Hero8 cameras into...
Production delays pushed deliveries of GoPro's new Hero8 cameras into the fourth quarter, leading the company to record weak results for the third quarter, but the drop was lower than what GoPro and the financial community had predicted. Revenues tumbled by 54.1 percent to $131.2 million, while the gross margin ...
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Article
Schwan-Stabilo’s outdoor group is flattish
Continued double-digit growth at Ortovox and a slight increase at Gonso were insufficient to compensate for sales declines at Deuter and Maier Sports during the financial year ended on June 30. As a result, the Outdoor division of the Schwan-Stabilo group saw its total revenues fall slightly by 0.6 percent ...
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Article
Outdoor and Fitness lift Garmin’s results
Garmin's revenues for the quarter ended on Sept. 30 reached a record level of $934 million, an increase of 15 percent over the quarter a year ago. The company has raised its outlook for the full-year as a result.In the fitness division, Garmin's sales climbed by 28 percent to ...
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Article
The North Face and Vans drive VF’s results
Despite strong earnings and robust sales, VF Corp. posted results in the latest quarter that missed Wall Street's expectations. Total sales improved by 5 percent to $3,393 million for the company's second fiscal quarter ended on Sept. 30, or by 7 percent in constant currencies. Adjusted to exclude the spin-off ...
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Article
Moncler’s sales grow despite Hong Kong riots
Moncler posted consolidated revenues of €995.3 million in the first nine months of the year, representing a 14 percent increase at current exchange rates versus the same period in 2018. At constant exchange rates, the increase was 12 percent. The double-digit revenue growth continued through the third quarter, with sales ...
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News briefs
Driven by the Japanese market, Gregory continued to grow rapidly...
Driven by the Japanese market, Gregory continued to grow rapidly in the third quarter, with sales rising by 22.2 percent to $18 million, with a growth of 21.3 percent in local currencies, according to Samsonite International. High Sierra's sales grew by 3.3 percent on a currency-neutral basis, reaching $14.9 million. ...
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News briefs
Coleman is still not out of the woods. Its parent...
Coleman is still not out of the woods. Its parent company, Newell Brands, said it suffered in the third quarter from the competition with Yeti at the high end of its product range and with Igloo at its lower end, but the big American outdoor brand plans to respond with ...
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News briefs
Regatta, the British outdoor clothing specialist, saw its turnover increase...
Regatta, the British outdoor clothing specialist, saw its turnover increase from £183.3 million to £198.2 million (€231.3m-$254.7m) for the year to Jan. 31. The net profit soared to £17 million (€19.8m-$21.8m) from £11.1 million a year earlier.
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Article
Good results for Wolverine’s main brands
Wolverine Worldwide's three biggest brands – Merrell, Sperry and Saucony – posted a combined 11.5 percent increase in constant currencies during the third quarter ended on Sept. 28. Revenues rose by only 2.8 percent to $574.3 million across the group's entire portfolio of 12 footwear brands, with growth of ...
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Article
Black Diamond drives Clarus’ results
Clarus Corp., the parent company of Black Diamond and other brands, had mixed results in the third quarter, with net income dropping by 14.3 percent to $3.5 million on 8.0 percent higher sales of $60.2 million. The gross margin was down by 1.6 percentage points to 34.1 percent, ...
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Article
Another set of record results for Columbia
Columbia Sportswear is having a vintage year, scoring record results for the past two quarters. Revenues rose by 14 percent in the third quarter ended on Sept. 30 to $906.8 million, while net income improved by 19 percent to $119.3 million – both all-time records for the group. The ...
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News briefs
Vista Outdoor reported an organic sales decline of 7 percent...
Vista Outdoor reported an organic sales decline of 7 percent in its Outdoor Products segment, excluding Bollé and other divested eyewear brands. The division's total sales were off by 14 percent to $234 million, but the adjusted gross margin was up by 3.97 percentage points to 26 percent. The remaining ...
