Bob McGee
Bob McGee is our expert for financial analysis and reports. If you want to know something about turnovers, growth rates or sales per employee Bob is your go-to guy.
AnalysisAnalysis: Inventory levels in the sporting goods industry, Q1 2025
The analysis examines industry inventory levels at 29 leading sporting goods companies for the quarter ending closest to March 31.
ArticleAs ‘Win Now’ strategy gains traction, Nike’s Q4 FY25 likely hits a low
At FY end, Nike’s inventories were essentially flat at $7,489 million versus $7,519 million a year earlier. Despite the dreadful numbers, Nike shares increased 9.6 percent in after-hours trading.
AnalysisThe top sporting goods industry performers by sales and profits in Q1 2025
Key market players are still in turnaround mode as the sporting goods industry reports its first results of 2025.
AnalysisAnalysis: The top sporting goods industry performers by sales and profits in 2024
Annual profitability increased by 14.6 percent in 2024. Find out more in our latest scorecard.
ArticleFoot Locker reports Q1 loss as ‘soft’ Europe drags down comparable sales
Two weeks after entering into a definitive merger agreement with Dick’s Sporting Goods, Foot Locker formally reported results for the period ended May 3.
News briefsGloberide posts higher FY25 sales, profits in Europe
The parent company, which includes Daiwa and Prince, reported a 10.5 percent Y-O-Y sales growth in Europe to ¥16,295 million (€99.8m) in FY25.
ArticleTopsports International’s FY operating profit sinks by 43%
Topsports’ annual operating profit slipped by 43 percent to 1,529.7-million-yuan renminbi (€194.8m).
News briefs7 percent sales growth for Canada Goose in Q4
For the full year, Canada Goose’s net income improved 78 percent to C$103.6 million (€69.9m).
ArticleVF Corp. brands The North Face and Timberland post higher Q4 sales
Timberland revenues grew by 13%, and The North Face reported a 4% constant-currency increase in Q4 sales.
ArticleAmer Sports hikes FY25 guidance, will navigate import tariffs
The group’s Q1 operating profit rose 97% YOY to $214.2 million from $109.0 million on 23% revenue growth to $1,472.5 million from $1,192.5 million.
ArticleGrupo SBF’s adjusted Ebitda slips by 4.9 percent in Q1
The Brazilian group said it was pleased with the performance of its Centauro group in Q1.
News briefsMisto Holdings reports revenue growth, flat operating profit in Q1
On a constant-currency basis, Q1 sales fell by 3.3 percent.
ArticleFoot Locker reports $363m loss in Q1
With the group’s $2.4 billion acquisition by Dick’s Sporting Goods slated to close in H2, Foot Locker has reported preliminary Q1 results.
ArticleAsics’ Q1 operating profit up 32%, European sales up nearly 22%
The Japanese group generated more than ¥200 billion in quarterly sales for the first time.
ArticleOn Holdings eyes FY25 growth rate of at least 28%
The Swiss group’s constant currency growth forecast for this fiscal year would push its reported net sales to at least CHF2.8 billion, or approximately €3 billion.
News briefsGrendene net falls 19% despite higher sales
For the Brazilian footwear group, gross margin grew by 210 basis points to 46.7 percent.
ArticleChallenges remain as Topgolf Callaway's total revenues decline by 4.5%
Topgolf Callaway Brands accelerates its focus on cost management and value-driven initiatives.
ArticleAmid ongoing challenges, Under Armour is working to reshape business
The group now focusing on elevated products, storytelling, better distribution, and a refined operating model.
ArticleMizuno’s annual operating profit rises by 20%
The Japanese group said that group sales in Japan remained robust, and in Europe, soccer and sportstyle shoes fueled the region’s growth.
ArticleGoPro saw operating loss widen by 9% to $45.2m in Q1
GoPro faces persistent Asia-Pacific challenges as transformation proceeds but is focusing on lean operations and product launches.
