Latest Financial News – Page 4
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ArticleThule Q3 operating income rises 15 percent
The group sees solid Q3 growth with rising sales, profitability and new launches, despite challenges in the Americas market.
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ArticleRVRC reports 18% revenue growth, expands global presence
RevolutionRace’s sales growth in 2023/24 was driven by international expansion and product development as it broadens its global presence across 40 countries.
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ArticleHelen 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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ArticleOutdoorsy 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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ArticleKMD 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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ArticleAlfa 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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ArticleSpinnova: 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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ArticleAmer 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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ArticleThings 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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ArticleLeatt 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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ArticleRegions 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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ArticleMerrell 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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ArticleGiant: 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.
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ArticleYeti raises FY guidance after strong Q2
Yeti’s strong Q2 results and raised FY24 outlook signal continued growth, driven by revenue gains, expanding international presence and new partnerships.
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ArticleAre Bike24’s good Q2 results a first sign of market recovery?
Due to a good second sales quarter in 2024, the stock-listed German online retailer is looking positively into the future.
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ArticleGoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
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ArticleVista Outdoor operating income dips 12 percent in Q1
The group’s Q1 sales met expectations, but profits exceeded forecasts despite a 12% drop in operating income. Sales fell by 7.1%, yet gross margin improved.
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ArticleTNF parent records lower than expected sales decline in Q1
VF Corp. is especially optimistic about Vans’ recovery, led by EMEA’s wholesale success. The North Face sales dipped 2%.
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ArticleJohnson Outdoors’ results hurt by lower sales, promotional investments
The American outdoor equipment manufacturer reported an operating loss and an 89% drop in net profit for the third quarter, with sales down 7.8%.
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ArticleUSWE reports marginal sales decline in Q1 amid logistical challenges
The Swedish company reports a challenging Q1 with a 2% drop in sales and logistics issues, but is now focusing on market expansion and improving profitability for future growth.
