All Financial results articles
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ArticleKathmandu’s sales rise 15% on surfing, hiking boom, but outlook uncertain
Kathmandu Holdings said in a preliminary annual report that its sales increased by 15.1 percent to 922.8 million New Zealand dollars (€551.4m-$646.6m) in the full year ended July 31, 2021, as its Rip Curl and Oboz brands benefitted from a boom in surfing and higher participation in hiking, respectively. Instead, ...
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Canada Goose launches automatic share repurchase scheme
Canada Goose has entered an “automatic share repurchase plan,” allowing for the purchase of shares by a broker at times when it would not be permitted to acquire them, based on certain parameters. The Toronto Stock Exchange has cleared this scheme, allowing it to start on Sept. 16 in connection ...
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Article
JD Sports Fashion’s outdoor segment turns around
JD Sports Fashion reported a record profit before exceptional items and taxes of 439.5 million pounds (€515.1m-$608.8m) for the first half ended July 31, up sharply from £61.9 million in the same period a year ago, as acquisitions, the U.S. government’s stimulus package and pent-up demand allowed it to rebound ...
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Article
Pierer Mobility on track for 11th record year in a row
The current two-wheeler boom has led to record sales of 215,646 PTWs (= “Powered Two-Wheelers” = motorcycles and pedelecs) at Austrian Pierer Mobility AG in the first half of 2021. Compared to the first six months of the previous year, this is an increase of 73 percent. The group sold ...
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Pierer announces further increase in revenue forecast for 2021
Driven by the high global demand for powered two-wheelers (e-bikes and also motorcycles), the executive board of Pierer Mobility AG decided on Aug. 26 to raise its sales forecast for the fiscal year, originally published in April 2021. Despite ongoing Covid-19-related supply chain challenges, the outlook remains positive. As a ...
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Article
Polygiene sees sales momentum continuing after strong Q2
Polygiene reported sales of 46.9 million Swedish kronor (€4.6m-$5.4m) in the second quarter, up by 171 percent on the year earlier and accelerating from the already strong 141 percent growth rate seen in the previous quarter, as its top line continued to benefit from the addition of Addmaster Holdings, a ...
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USWE swings to Q1 profit as sales soar on demand surge
Swedish outdoor and sports brand USWE reported a jump of 253 percent in net sales to 29.3 million Swedish kronor (€2.86m-$3.37m) for the three months to June 30. It generated an operating profit before depreciation and amortization (Ebitda) of SEK 5.58 million (€0.55m-$0.64m), or a margin of 19 percent of ...
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With 27% growth in H1, Tecnica performed better than in 2019
Italian Tecnica Group posted revenues of €173.7 million in its H1 that ended June 30 (+27 percent compared to H1 2020). Ebitda increased to €17.1 million from €2.7 million in H1 last year. The net result shows a loss of €2.5 million (€14.2 million in H1 2020). Lowa, Rollerblade and ...
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Article
Anta’s profits more than double in H1, Amer bounces back
Anta Sports Products saw revenues jump by 55.5 percent to 22,812 million yuan renminbi (€2,999m-$3,524m) in the six months ended June 30, supported by strong growth in all brands and benefiting from the easing of Covid-19 restrictions. In addition to a surge in demand related to the Xinjiang issues, e-commerce ...
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Gregory backpacks see a 33.6% sales hike in H1
Gregory Mountain Products enjoyed a 33.6 percent increase in local currencies in the first half of 2021, reaching a level of $32.7 million, but it did not quite recover to the $34.9 million of the first half of 2019. Like before, Samsonite’s less technical brand of backpacks, High Sierra, under-performed, ...
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Angling Direct posts solid sales growth despite pandemic disruption
Although the fishing equipment retailer was forced to temporarily close all stores again at the beginning of the year due to Covid-19 restrictions, Angling Direct saw its total revenues increase by 19.5 percent to £38.4 million (€44.8 million) in the six months to July 31. Revenues rose by 54 percent ...
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Article
RevolutionRace races ahead in first financial report post-listing
RevolutionRace, the Swedish DTC outdoor company fresh from a June listing on Nasdaq Stockholm, saw sales in the fourth quarter of its fiscal year surge by 152 percent to 273.7 million Swedish kronor (€26.8m-$31.3m), led by 296 percent growth on the German market and with double or triple-digit growth in ...
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Article
Sports and leisure segment boosts New Wave sales in Q2
Sweden’s New Wave Group, which owns brands like Craft and Cutter & Back, saw total sales in the second quarter ended June 30 rise by 13 percent as compared to the year earlier to 1,487 million Swedish kronor (€145.7m-$171.1m), led by a 70 percent increase in its Sports & Leisure ...
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Article
Leatt continues on record track in 2021
In the second quarter of fiscal 2021, publicly traded South African protective equipment manufacturer Leatt Corporation, which trades over-the-counter in the U.S., has set more records: Sales increased by a whopping 106 percent to $14.3 million compared to the same period of the previous year. Income from operations grew by ...
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Article
Bike24 reports 44 percent revenue growth in H1 2021
German Bike24 Holding AG, the e-commerce retailer for cycling, running and swimming sports that has been publicly listed since June, reported sales of €127.4 million in the first half of 2021. Compared to H1 of the previous year, this is an increase of 44 percent. At the same time, the ...
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Goldwin's Q1 sales grow 40%
Goldwin reported revenues of ¥17,078 million (€131.8m-$154.7m) in the first quarter of its financial year, up by 40.0 percent on the year earlier, and confirmed its outlook for 10.5 percent sales growth for the full year. For the three months ended June 30, the Japanese company reported an operating profit ...
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Article
Canada Goose sees sales double in Q1
Canada Goose said it is on track to meet its target for 2022 revenues of over 1 billion Canadian dollars (€681.0m-$799.1m), as sales in the fiscal first quarter ended June 30 doubled to CA$56.3 million (€38.3m-$45.0m) from CA$26.1 million the year earlier amid significant growth in all geographic regions. DTC ...
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Helly Hansen up 46% in Q2
Canadian Tire Corporation reported a 45.9 percent increase in external revenues for Helly Hansen and Musto to 100 million Canadian dollars (€68.5m-$80.3m) for the second quarter ended July 3. Outside Canada, the revenues from the two brands amounted to CA$95.1 million (€64.7m-$76m), up from CA$64.7 million in the ...
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Article
Topgolf and golf boost Callaway, outdoor shows resilience
Callaway Golf’s revenues increased 208 percent to $914 million in the second quarter ended June 30, thanks in part to the first-time inclusion of Topgolf, which is now the group’s third operating segment along with golf equipment and soft goods and whose sales nearly doubled, compared to the prior year, ...
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Article
Increased demand helps Johnson Outdoors reel in higher sales, profits
Johnson Outdoors reported a rise in third-quarter sales and profits driven by a continued recovery in fishing, camping and water recreation. At the same time, diving also showed signs of a turnaround as Covid-19 travel restrictions were further eased. Total company net sales for the three months to July 2 ...
