Latest Financial Results

  • thule_group_logo_black
    Article

    Thule posts strong results

    2020-10-23T09:21:00Z

    The third quarter was a good one for Thule Group , the Swedish company best known for its roof boxes and bike racks. It saw its net income soar by 148.6 percent from the year-ago quarter to 449 million Swedish kronor (€43.3m-$51.3m), while revenues jumped by 44.9 percent ...

  • Bildschirmfoto 2020-10-23 um 10.31.25
    Article

    Moncler reports a 14% drop in Q3

    2020-10-23T08:33:00Z

    The decline in Moncler ’s revenues slowed down in the third quarter to a rate of 15 percent, or 14 percent in local currencies, falling to a level of €361.8 million. The management reported high and constantly improving growth in China. Without providing the details, the management said that other ...

  • kathmandu holdings logo
    Article

    Kathmandu benefits from Rip Curl and online; publishes sustainability report

    2020-10-23T05:20:00Z

    It was the acquisition of Rip Curl that helped Kathmandu Holdings to raise its total sales by 48.7 percent to 801.5 million New Zealand dollars in the “transformational” financial year ended on July 30, with the action sports brand contributing sales of NZ$ 315.7 million (€178.2m-$210.6m) in the ...

  • Clarus Kopie
    Article

    Clarus expects lower sales for Black Diamond

    2020-10-22T10:34:00Z

    While releasing preliminary results for the third quarter, Clarus Corp said it expects another quarter of declining sales for Black Diamond (BD), the group’s biggest brand. After recording a 47 percent drop in the second quarter, hit by store closures in Europe and America, BD will post a ...

  • mammut-logo
    Article

    Mammut’s results beat expectations

    2020-10-19T10:17:00Z

    In a business update, Conzzeta Group , the parent company of Mammut Sports Group, said revenues from the Outdoor segment, which only consists of Mammut, declined in the first nine months by 20.0 percent in reported terms to CHF 149.4 million (€139.3m-$163.2m), or by 17.5 percent in constant currencies and ...

  • VF_Corp_Logo
    Article

    VF back to profits

    2020-10-16T16:37:00Z

    After recording a loss and steep declines in revenues during its first fiscal quarter, VF Corp. bounced back in the second quarter, ended on Sept. 26, with a smaller decline in sales and a return to profits. The management said that year-to-date results have surpassed its expectations across all ...

  • Helen of Troy_Logo
    Article

    Hydro Flask bounces back in Q2

    2020-10-09T13:45:00Z

    Helen of Troy’ s houseware segment, which includes drinkware brand Hydro Flask , returned to growth in the second fiscal quarter ended on Aug. 31, after a difficult spring due to the pandemic. Sales in the segment soared by 20.2 percent from the year-ago quarter to $201.9 million, as more ...

  • kathmandu-holdings-logo
    Article

    Kathmandu’s revenues soar thanks to Rip Curl’s acquisition

    2020-09-25T13:55:00Z

    Kathmandu Holdings scored record sales for its financial year ended on July 31 2020, boosted by the acquisition of Rip Curl during the period. The group’s revenues soared by 48.7 percent to 801.5 million New Zealand dollars (€451.6m-$526.8m), with Rip Curl accounting for 40 percent of the total turnover, ...

  • Fischer Sports
    Article

    Fischer lays off 150 workers

    2020-09-24T08:12:00Z

    Like Rossignol , which has just announced the elimination of 95 jobs, Fischer Sports has decided to lay off 150 workers at its Ukrainian ski factory following a drop of about 25 percent in pre-orders for the coming autumn/winter season. However, the management is cautiously optimistic about the ...

  • Apex-Logo
    Article

    Apex widens losses

    2020-09-16T10:04:00Z

    Impairment charges of close to $10 million mostly related to the impact of the Covid-19 pandemic weighed on the profits of Apex Global Brands , previously called Cherokee Global Brands . Net loss for the parent company of Hi-Tec , Magnum , and Tony Hawk expanded by 5 ...

  • 393_SMP-zumiez-logo
    Article

    Triple-digit growth in Zumiez' profits

    2020-09-11T09:11:00Z

    Zumiez , the American action sports retailer that owns Blue Tomato in Europe and Fast Times in Australia, bounced back in the second fiscal quarter ended on Aug.1, after a difficult start of the year due to retail lockdowns. Its net income soared by 181 percent to $25.4 ...

  • jdsports-go outdoors-logo
    Article

    JD Sports Fashion outdoor unit narrows losses

    2020-09-09T04:45:00Z

    JD Sports Fashion reported narrowed interim losses at its outdoor division and was upbeat on future prospects as it pinned hopes on more people taking domestic holidays in the wake of the Covid-19 pandemic. Operating losses closed slightly to £14 million (€15.5m-$18.3m) from £16.4 million in 2019. Sales at ...

  • Polygiene
    Article

    Antiviral technology helps Polygiene to thrive during pandemic

    2020-08-27T15:57:00Z

    Polygiene is at the center of media attention since it launched ViralOff , a fabric treatment with antiviral properties, in April. In the context of Covid-19 outbreak, demand for the garment has soared, and the group expanded its scope from initially treating protective clothing, face masks and other hospital ...

  • ANTA-logo-and-wordmark
    Article

    Anta switches to new DTC business model in China

    2020-08-26T12:50:00Z

    The pandemic has been a catalyst for change across many companies this year, including at Anta Sports Products . It has decided to do away with the wholesale model that it employed for 20 years in 11 major provinces. Instead, the Chinese sports group will switch to a new ...

  • Samsonite Logo
    Article

    Gregory and High Sierra could not resist the pandemic

    2020-08-22T07:00:00Z

    Like the rest of the big Samsonite luggage group, its two outdoor backpack brands, Gregory and High Sierra , suffered sales declines in the first half, to June 30 because of the Covid-19 pandemic. Gregory, which has been generally outperforming the rest of the group, posted a ...

  • HellyHansen-Canadian-tire
    Article

    Currency headwinds weigh on Helly Hansen’s results

    2020-08-13T17:06:00Z

    Helly Hansen ’s revenues for the second quarter fell by 21.0 percent to 68.9 million Canadian dollars (€44.1m-$52.1m), weighed down by store closures and foreign-currency-headwinds. In constant currencies, they fell by 12.6 percent. Most wholesale customers were closed across the globe in the quarter, as were distribution centers and ...

  • Francisco Delgado on Unsplash
    Article

    ​Canada Goose to cut production as Covid-19 hits Q1 sales

    2020-08-12T11:57:00Z

    Canada Goose is cutting production and opening fewer stores as the coronavirus pandemic hit its sales, causing first-quarter net losses to almost double to 50.1 million Canadian dollars (€32.0m-$37.7m) from Can$ 29.4 million a year earlier. On adjusted basis, excluding restructuring charges, the net loss amounted to Can$ 38.4 ...

  • Clarus Kopie
    Article

    Sluggish sales for Black Diamond

    2020-08-11T10:53:00Z

    A weak performance from Black Diamond , Clarus Corp ’s biggest brand, pushed the group’s sales for the second quarter down by 36 percent to $30.0 million. The parent company of BD, Pieps and Sierra Bullets saw its net loss widen to $2.7 million, from $0.7 million for ...

  • GoPro.svg Kopie
    Article

    GoPro widens losses

    2020-08-10T11:43:00Z

    Sales for the U.S. action camera brand tumbled by 54.1 percent in the second quarter to $134.2 million, while the gross margin contracted by 4.6 percentage points to 30.3 percent. Adjusted Ebitda was negative $22 million, compared to $14 million in the same period a year ago. The company’s ...

  • Amer_Sports_Logo.svg
    Article

    Moody’s and S&P forecast 15% sales decline at Amer Sports

    2020-08-10T11:42:00Z

    In a new report, rating agencies Moody’s and S P reveal that Amer Sports ’ revenues fell by 36 percent in the second quarter and by 22 percent in the first half, hampered by the impact of the pandemic. Ebitda was a loss of €26 million for the ...