Latest Financial Results

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    Article

    Outdoor stands out at Schwan Stabilo

    2020-11-27T10:57:00Z

    The outdoor division of the German Schwan Stabilo Group recorded a drop in revenues for its financial year ended June 30, 2020, due to pandemic-related lockdowns from mid March to early May 2020. Sales declined by 5.1 percent from the previous year to €159.7 million. All four ...

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    Article

    Kathmandu’s revenues keep surging thanks to surf label Rip Curl

    2020-11-26T11:26:00Z

    Following record sales for its financial year ended on July 31, boosted by the acquisition of Rip Curl in October 2019, Kathmandu Holdings kept the momentum going during the start of its new financial year. In a trading update, the company said that revenues for the first fiscal ...

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    Article

    Goldwin’s profits dwindle

    2020-11-19T17:13:00Z

    Goldwin ’s revenues dropped by 16 percent in the second quarter to ¥19,358 million (€157.4m-$182.5m), while net income tumbled by 59 percent from the year-ago period to ¥915 million (€7.4m-$8.6m). The company’s gross margin fell by 1.4 percentage points to 50.6 percent. The company said that the impact of ...

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    Article

    Gregory dropped by 13% in Q3, in group that fell by 65%

    2020-11-13T08:31:00Z

    Gregory ’s sales declined by 13.0 percent to $15.9 million in the third quarter. They again outperformed the results of Samsonite International ’s less functional brand of backpacks, High Sierra , which plunged down by 70.2 percent to $4.5 million. Across all the numerous brands of Samsonite, sales went down ...

  • Clarus Kopie
    Article

    Black Diamond sales improve but remain below last year

    2020-11-10T16:53:00Z

    Clarus Corp reported third-quarter sales for Black Diamond (BD), the group’s biggest brand, that bounced back from the second quarter, when revenues were hit by store closures in Europe and America. However, BD still posted an 8 percent decline in revenues compared with the third quarter of 2019, ...

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    Article

    Jack Wolfskin’s owner Callaway up on golf momentum

    2020-11-10T13:52:00Z

    Callaway Golf Co. saw sales for the third quarter rise by 12 percent to $475.5 million, thanks to the rising popularity of golf after lockdowns ended, as the sport can be practiced while respecting social distancing guidelines. The golf equipment segment’s sales soared by 27 percent from the year-ago ...

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    Article

    GoPro's DTC approach drives profits

    2020-11-07T12:40:00Z

    The American action camera specialist managed to post a profit for the third quarter thanks to a more intense direct-to-consumer (DTC) approach and strong sales of new products, which helped boost total revenues by 114 percent to $280.51 million. Analysts expected revenues of $234.5 million. GoPro ’s net income ...

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    Article

    Craft's parent can feel the pandemic, recovers a bit in Q3

    2020-11-07T12:40:00Z

    The New Wave Group , the Swedish company behind Craft , said actions to prioritize costs, earnings and cash flow bore fruits in the third quarter. The operating margin gained 4.3 percentage points to 12.0 percent due to these efforts. It was only the second time in the company’s history ...

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    Article

    Vista Outdoor’s shares soar on good results and upbeat guidance

    2020-11-06T17:05:00Z

    Vista Outdoor , which includes brands such as Bell, Giro, Camelbak, Camp Chef and Bushnell Golf , saw its stock rise by 8 percent after posting strong results for the second fiscal quarter ended Sep. 27. It also released a positive outlook for the next quarter. Sales surged ...

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    Article

    Canadian Tire’s retail business grows in Q3 thanks to online, Helly Hansen recovers

    2020-11-06T14:22:00Z

    Sales of Helly Hansen , the Norwegian manufacturer of outdoor apparel and workwear, which has been owned by Canadian Tire since 2018, decreased in Q3 by 3 percent from 159.5 million to 155.4 million Canadian dollars, a strong sequential improvement after the 21 percent decline in the second quarter. ...

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    Article

    Yeti sees strong Q3

    2020-11-06T10:51:00Z

    Yeti , the American brand of coolers and drinkware and other outdoor equipment, recorded a 29 percent gain in revenues to $294.6 million, driven by strong growth in direct-to-consumer (DTC) sales, which increased by 62 percent to $150.4 million. This was led by both Coolers Equipment and Drinkware, ...

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    Article

    Wolverine's revenues decline but exceed expectations

    2020-11-06T05:46:00Z

    Although they were down on last year’s third quarter, Wolverine Worldwide posted better-than-expected sales in the three months to Sept.26, led by double-digit growth from Saucony and Chaco. The impact of coronavirus-related restrictive measures on retail was partly offset by a growth of 56.4 percent in the ...

  • Columbia Sportswear Company
    Article

    Columbia posts lower sales and earnings

    2020-11-01T09:30:00Z

    After a difficult first half of 2020 due to the impact of the pandemic, Columbia Sportswear Company performed better in the third quarter, but results remain far below those of last year. Its net income tumbled by 47 percent from the year-ago quarter to $62.8 million, while sales dropped ...

  • Deckers
    Article

    Hoka One One helps Deckers Brands grow in Q2

    2020-10-30T14:22:00Z

    Deckers Brands showed growth in its second financial quarter ending June 30, mainly due to the very good results of Hoka One One . Despite headwinds from Covid-19, the group’s sales progressed by 15.0 percent from the same period last year to reach a new quarterly record of ...

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    Article

    Bike boom boosts Shimano's earnings

    2020-10-30T06:05:00Z

    Shimano ’s sales for the first nine months of the year were down by 2.0 percent from the year-ago period to 264,174 million yen (€2.16bn-$2.53bn), hampered by lockdowns around the world in response to Covid-19. However, sales started to improve during the second quarter due to the soaring popularity of ...

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    Article

    Mixed results for Fenix

    2020-10-29T14:45:00Z

    Fenix Outdoor International posted lower sales for its third quarter but managed to keep expenses under control. The management said the emergency plan implemented in the first quarter bore fruit, keeping costs and expenses at a manageable level. The company has, wherever possible, renegotiated the rent at relevant brick-and-mortar ...

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    Article

    Outdoor, marine and fitness drive record Q3 for Garmin

    2020-10-29T10:27:00Z

    Garmin has reported record third-quarter earnings of $313.4 million, thanks to robust growth in demand for its marine, fitness and outdoor products. The Swiss-based company, which also makes equipment for the aviation and automotive industries, reported net sales of $1.11 billion for the 13 weeks to Sept. 26. This ...

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    Article

    Unifi reports improved demand in Q1 as recycled fibers find favor

    2020-10-28T15:11:00Z

    Recycled and synthetic textiles maker Unifi has reported better-than-expected results in the first quarter of fiscal 2021 driven by strong performances from its Brazilian and Asian operations and noted growing demand for its Repreve recycled fiber. The company said net income for the three months to Sept. ...

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    Article

    Surge in healthcare sales during pandemic boosts 3M results

    2020-10-28T06:17:00Z

    A surge in demand for healthcare and home improvement products has helped the consumer conglomerate 3M post better-than-expected third-quarter earnings, as hospitals stock up on protective equipment and workers forced to stay at home buy more DIY materials. Total sales rose 4.5 percent to $8.35 billion, above a ...

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    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 ...