All Financial results articles – Page 49
-
News briefs
The global production of organic cotton surged by 56 percent...
The global production of organic cotton surged by 56 percent from 2016/17 to 2017/18, as shown in the Textile Exchange's “2019 Organic Cotton Market Report.” This marks the highest levels seen in eight years. India, China and Kyrgyzstan were the biggest contributors. The production of organic cotton fiber globally reached ...
-
News briefs
Lenzing's revenues for the first nine months of 2019 declined...
Lenzing's revenues for the first nine months of 2019 declined by 1.1 percent to €1.62 billion as compared to the same period last year. Revenues were negatively impacted by the low prices of standard viscose, which registered a historic low in the third quarter, coupled with sluggish demand due to ...
-
News briefs
Rocky Brands raised its sales by 2 percent to $67.2...
Rocky Brands raised its sales by 2 percent to $67.2 million in the third quarter, ended on Sept. 30. The company's retail sales jumped by 21.8 percent to $14.5 million. Wholesale revenues saw more moderate growth of 0.4 percent, reaching $47.2 million. In the military segment, sales decreased from $7 ...
-
Short stops
Sales jumped by 16.5 percent at Helly Hansen in the...
Sales jumped by 16.5 percent at Helly Hansen in the third quarter, reaching a level of $211.7 million, said its new parent company, Canadian Tire Corp.
-
Article
Hydro Flask boosts Helen of Troy’s results
The houseware segment, which includes Hydro Flask, was the engine of growth in the latest quarter for Helen of Troy, which owns this brand of drinkware among other properties. Sales in this division for the second fiscal quarter ended on Aug. 31 rocketed by 22.1 percent to $167.8 million.The management ...
-
News briefs
Brands like Canada Goose and Arc'teryx get a halo effect...
Brands like Canada Goose and Arc'teryx get a halo effect by promoting the Canadian manufacture of their products. According to a survey conducted by PricewaterhouseCoopers (PwC), there is significant demand for Canadian-made products abroad. The Canadian branch of the London-based “professional services network” surveyed 3,521 consumers in Australia, France, Germany, ...
-
News briefs
American Outdoor Brands, whose main asset is Smith & Wesson,...
American Outdoor Brands, whose main asset is Smith & Wesson, suffered a 10.9 percent decline in total revenues to $123.7 million in the first quarter ended on July 31. Disappointing financial analysts, the group had a net loss of $2.1 million for the period, compared with net income of $7.6 ...
-
News briefs
The Swiss Conzzeta Group reports a 1.9 percent increase to...
The Swiss Conzzeta Group reports a 1.9 percent increase to 186.7 million Swiss francs (€169.7m-$187.3m) for the first nine months of this year in its Outdoor segment, which mostly consists of the Mammut Sports Group. It was the only segment of the Conzzeta Group that recorded an increase for the ...
-
News briefs
France's mountain resorts recorded an uptick in visitors during the...
France's mountain resorts recorded an uptick in visitors during the summer of 2019, Jean-Pierre Rougeaux, secretary general of France's National Association of Mayors of Mountain Resorts, said at the recent Sport Achat trade show in Lyon. Mountain resorts recorded an average occupancy rate of more than 60 percent overall during ...
-
News briefs
Gregory continued to grow strongly in the first six months...
Gregory continued to grow strongly in the first six months of Samsonite's financial year, ended on June 30. The technical backpack company's sales rose by 22.1 percent on a constant-currency basis, and they were up in dollars by 19.7 percent to $34.9 million. By contrast, High Sierra, a more lifestyle-oriented ...
-
Article
Mixed results for Lafuma
Groupe Lafuma said the structural changes in its markets and customer consumption patterns continued in the first half of 2019 - with a decline in physical store traffic and an increase in online activity - and it has made targeted investments to respond to these changes and improve the customers' ...
-
News briefs
Vista Outdoor, which has decided to divest its Savage firearms...
Vista Outdoor, which has decided to divest its Savage firearms business, reported an organic sales decline of 7 percent in its first quarter ended on June 30. Sales of outdoor products fell by 19 percent to $222.0 million, and they were also down by 7 percent excluding the divested eyewear ...
-
Article
Norrøna’s growth comes to a halt
Arktis Holding, the group that controls all of Norrøna's operations, suffered a 24 percent decline in profits for 2018, after many years of steady growth. Net income landed last year at 61.6 million Norwegian kroner (€6.18m-$6.84m), while the turnover decreased from NOK 635 million in 2017 to NOK 630 million ...
-
News briefs
The Home and Outdoor Living segment of Newell Brands, which...
The Home and Outdoor Living segment of Newell Brands, which includes Coleman and Marmot Mountain, saw a 5 percent drop in sales to $705.4 million, with a decline of one percent in core sales, partly due to Coleman's loss of a major U.S. client last year. The segment's normalized operating ...
-
Article
Callaway’s sales soar, boosted by Jack Wolfskin
After two consecutive quarters of mixed results, the latest quarter was an improvement for Callaway Golf. The group's net profit for the three months ended June 30 sank by 53 percent from the year-ago period, down to $28.9 million, but this was mainly due to currency headwinds and the impact ...
-
News briefs
In a preliminary announcement, Kathmandu Holdings said that its financial...
In a preliminary announcement, Kathmandu Holdings said that its financial results for the financial year ended on July 31 should show an increase in total sales of 9.6 percent to 545 million New Zealand dollars (€316.4m-$351.2m), boosted by the acquisition of Oboz by the group in April 2018. The American ...
-
News briefs
Amer Sports has announced that its half-year financial results will...
Amer Sports has announced that its half-year financial results will be released on Sept. 30. The publication date had originally been scheduled for July 25. The change follows the recent change in ownership of the company. Amer Sports was acquired by a consortium led by Anta Sports earlier this year.
-
News briefs
In a trading statement on Aug. 7, Lenzing, the Austrian producer...
In a trading statement on Aug. 7, Lenzing, the Austrian producer of cellulosic fibers, reported group revenues of €1.09 billion, a rise of 1.3 percent from last year's comparable period. The company attributed this to favorable currency effects and the optimization of its product mix, as well as to higher prices ...
-
Article
Record Q2 results for Columbia
Columbia Sportswear's net income rocketed by 137 percent to $23.0 million in the seasonally small second quarter ended June 30. One of the drivers was an exceptionally strong counter-seasonal business with Columbia's line of performance fishing gear, PFG, which is approaching an annual turnover of $200 million.The group's quarterly revenues ...
-
News briefs
Original Buff, the main entity of the Buff group, rounded...
Original Buff, the main entity of the Buff group, rounded off its most recent fiscal year, ended April 30, with sales of €38.4 million, up by 8 percent from 2017. The Barcelona-based group's consolidated sales, subsidiaries included, moved some six million units worldwide and brought in €48.5 million, up by ...
