All Financial results articles – Page 52
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In a preliminary statement, Wolverine Worldwide said it expects to...
In a preliminary statement, Wolverine Worldwide said it expects to achieve this year its target of a 12 percent adjusted operating margin on a 6 percent increase in underlying revenues, in spite of significant incremental investments of more than $40 million to drive future growth. Its international business is expected ...
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Beijing Sanfo Outdoor Products reported increased losses in the third...
Beijing Sanfo Outdoor Products reported increased losses in the third quarter and the first nine months of this year, blaming higher costs for the organization of mega-events and youth outdoor projects, including the construction of outdoor camps in China, which required the importation of camp facilities from abroad. The Chinese ...
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The European outdoor market rose by 5 percent at the...
The European outdoor market rose by 5 percent at the retail level in 2016 excluding snow sports, according to the NPD Group, and by 4 percent including that segment. NPD has also estimated that the global sporting goods market, including bicycles, advanced by 6 percent in terms of local currencies ...
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Toread reported a 15 percent increase in operating revenues to...
Toread reported a 15 percent increase in operating revenues to 1,954.9 million yuan renmimbi (€267.5m-$283.8m) for the first nine months of this year, but they resulted in a 19.1 percent lower net profit of RMB 81.23 million (€11.2m-$11.9m). In the third quarter, revenues were up by 10.6 percent to RMB ...
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Weaker sales of the Haglöfs brand were identified as the...
Weaker sales of the Haglöfs brand were identified as the cause for a decline of 7.3 percent to 6,976 million yen (€52.9m-$61.5m) for the Other Business unit of the Asics group during the first nine months of this year. Without currency exchange, the sales decline still amounted to 7.1 percent but ...
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Compass Diversified reported a 40 percent drop in the quarterly...
Compass Diversified reported a 40 percent drop in the quarterly Ebitda of 5.11 Tactical, where the implementation of a new ERP system slowed operations, leading to a 4 percent drop in sales to $72.0 million. Lower operating results were also reported for Liberty Safe, whose sales declined by 23 percent ...
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Goldwin moved to a comprehensive net profit of 1,681 million...
Goldwin moved to a comprehensive net profit of 1,681 million yen (€12.7m-$14.8m) in the first half ended Sept. 30 from a loss of ¥1,126 million. Excluding extraordinary items, the earnings doubled to ¥1,065 million (€8.1m-$9.4m) as the gross margin rose by 2.3 percentage points to 47.7 percent thanks to a higher proportion ...
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Regatta posted an 18.5 percent increase in sales to £139.8...
Regatta posted an 18.5 percent increase in sales to £139.8 million (€155.9m-$184.7m) for the year ended Jan. 31. According to filed accounts, 5.6 percent of the increase was attributable to the depreciation of the pound sterling. The company, which is based in Manchester, trades under two brand names - Regatta ...
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ISM Search, the European U.K.-based executive recruitment and head-hunting service...
ISM Search, the European U.K.-based executive recruitment and head-hunting service specializing in the sporting goods sector, recently conducted a survey among its candidates in the industry to find out the relevant factors in the successful hiring and retention of key talents. According to ISM, it is the first survey of ...
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Operating expenses related to Hi-Tec's acquisition and other extraordinary items,...
Operating expenses related to Hi-Tec's acquisition and other extraordinary items, caused Cherokee Global Brands to post a net loss of $589,000 in the second quarter against net income of $1.9 million in the year-ago period. Boosted by indirect sales of $5.95 million from Hi-Tec, total revenues rose to $14.0 million ...
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Polygiene, the Swedish company that provides odor treatment for sports,...
Polygiene, the Swedish company that provides odor treatment for sports, outdoor and other products, has upped its target for the period from 2017 to 2022, aiming to reach sales of more than 400 million Swedish kronor (€41.9m-$50.6m) through organic growth, and an operating margin (Ebit) of more than 20 percent by ...
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Sales of the Gregory brand of backpacks were up by...
Sales of the Gregory brand of backpacks were up by 21.6 percent to $26.5 million for the first half of this year, amounting to an increase of 21.9 percent in constant currencies, with double-digit sales growth in Europe and Asia. The rise was reported by Samsonite, the owner of Gregory ...
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GoPro performed better than expected in the second quarter. Its...
GoPro performed better than expected in the second quarter. Its revenues jumped by 34 percent to $297 million as compared to the corresponding period of 2016, thanks to strong demand for its Heros Black5 camera. Total camera shipments were more than 18 percent higher than in the previous three months ...
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Helen of Troy has reported a sales increase of 16.3...
Helen of Troy has reported a sales increase of 16.3 percent to $98.4 million for its Housewares segment in the first quarter ended May 31. The segment's organic growth of 9.7 percent was led by the Hydro Flask and OXO brands. The segment's operating margin of 18.4 percent was down ...
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Conzzeta, the owner of Mammut Sports Group, said its performance...
Conzzeta, the owner of Mammut Sports Group, said its performance for 2017 should be stronger than anticipated in March, projecting a sales increase of 15 to 20 percent and a jump of 40 percent in operating result for the first half of the year. The group says that the robust ...
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Vaude recorded an increase in its total sales of 8.7...
Vaude recorded an increase in its total sales of 8.7 percent in 2016, as compared to the previous year. The management is predicting another 6 percent increase this year, despite a 20 percent jump in pre-orders for the coming winter season. Sales in Germany, Austria and Switzerland account for 70 percent ...
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Osprey Europe expects to record a sales increase of 24...
Osprey Europe expects to record a sales increase of 24 percent to £32 million (€36.4m-$41.4m) for its 2016/2017 business year, which runs until the end of July. Sales outside the U.K. will account for 70 percent of the company's total sales in Europe. Sales in the German market were very ...
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Cherokee, which bought Hi-Tec Sports last year and licensed it...
Cherokee, which bought Hi-Tec Sports last year and licensed it out, reported revenues of $7.8 million from the brand for the fourth quarter ended Jan. 28, comprising licensing revenues of $1.2 million and $6.6 million worth of indirect product sales related to distribution and government contracts. The business generated a ...
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Polygiene, the Swedish company specializing in anti-odor treatments for garments,...
Polygiene, the Swedish company specializing in anti-odor treatments for garments, reported a 30 percent boost in its sales to 17.4 million Swedish kronor (€1.78m-$1.98m), with a growth of 24 percent in constant currencies. However, the company booked a net loss of SEK3.1 million (€0.32m-$0.35m) for the period, up from SEK1.3 million ...
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Sportamore, the Swedish online sports retailer, raised its sales by...
Sportamore, the Swedish online sports retailer, raised its sales by 18.1 percent to 173.5 million Swedish kronor (€18.0m-$19.6m) and more than doubled its adjusted operating profit (Ebitda) to SEK 3.4 million (€0.35m-$0.38m) for the first quarter. The company points out that this occurred while the Swedish market was under considerable pressure at ...
