Latest Financial News – Page 2
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ThredUp raises 2025 outlook after Q1 growth
The US online resale platform reports 10 percent revenue increase and narrows net loss.
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Kontoor sees Helly Hansen on the rise despite looming risks
The US lifestyle apparel group expects a strong contribution from the Norwegian outdoor brand despite fresh debt concerns and tariff risks.
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RevolutionRace grows sales, maintains profitability
The Swedish DTC brand reports modest Q3 growth and stable profits despite a challenging retail environment across key markets.
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Fenix Outdoor Q1 profits down, Frilufts sales drop
The Swedish outdoor group reports lower Q1 earnings and declining DTC sales, with its retail arm Frilufts impacted by unseasonal weather and weak demand.
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Oase Outdoors drives growth in Ratos’ product segment
The Scandinavian investment firm highlights strong momentum in its portfolio’s outdoor division despite market pressures.
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Columbia withdraws FY2025 outlook due to tariff impacts
The US-based outdoor apparel group pauses its annual forecast as global trade pressures and consumer uncertainty cloud the second half of 2025.
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Johnson Outdoors reports Q2 profit despite drop in sales
The US-based outdoor gear maker saw profit growth in Q2 even as sales declined, with fishing and camping segments showing contrasting results.
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Pierer Mobility reports €1.88bn revenue, €1.19bn loss, plans bicycle segment exit
The Austrian mobility group’s provisional 2024 results reveal significant losses amid restructuring efforts and investor negotiations.
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Garmin does it again – reports another strong quarter
The Swiss maker of fitness and navigation devices reports strong Q1 growth across key segments and raises its full-year outlook despite trade uncertainty.
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Newell Brands updates FY outlook, addresses tariff implications
The US-based parent of outdoor brands Coleman and Marmot adjusts its FY25 outlook and weighs tariff-related risks to earnings and cash flow.
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Rocky Brands boosts Q1 profit thanks to DTC growth
The US footwear group sees profit nearly double in Q1, led by strong direct-to-consumer sales and solid growth for brands like Xtratuf and Rocky.
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Vinted reports strong 2024 growth, hits €5bn valuation
The European secondhand marketplace posts strong 2024 results, supported by expansion efforts and changing global trade dynamics favoring used goods.
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Thule Group’s new products fuel Q1 sales growth
The Swedish outdoor and mobility gear specialist focuses on niche growth and product innovation after reporting mixed Q1 results across key markets.
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Lowa reports strong results for 2024, plans expansion
The German outdoor footwear manufacturer posted its second-best financial year in 2024, driven by growth in kids, winter and trail running segments.
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Polygiene posts 18% Q1 growth
The Swedish ingredient brand saw double-digit sales growth and strong innovation in Q1, though profitability slipped amid currency headwinds and planned costs.
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Osprey grows globally, while Helen of Troy revises strategy due to tariffs
Helen of Troy’s outdoor pack brand shows global promise despite challenges at home, as the group eyes new growth opportunities in EMEA and APAC markets for FY25.
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Mips reports strong Q1 despite global uncertainties
The Swedish helmet safety innovator posts double-digit Q1 growth as demand rises across helmet segments, navigating tariffs and market shifts with confidence.
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Dometic sales, profit fall in Q1 as group contends with turbulent times
The Swedish group faces a tough Q1 with declining profits and sales, but strategic shifts and cost cuts hint at a broader plan behind the numbers.
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Shimano adjusts FY2025 net income forecast on currency impact
The Japanese company’s updated FY25 forecast reveals steady sales and operating income, but currency shifts force a cut to net income projections.
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Rapala VMC records sees growth and strategic progress in 2024
The Finnish group strengthens its global market position with a strong North American performance and rising profitability.