Latest Financial News – Page 6
-
ArticleMoncler Group revenues rise 6% in nine months
The Italian luxury group reported a 6% revenue rise over nine months, led by robust DTC sales and substantial gains in Asia, despite challenges in Japan.
-
ArticleColumbia’s Q3 sales dip, but gross margin improves
Despite a 5 percent decline in revenues largely attributable to weak consumer demand in the US, Columbia Sportswear improved its Q3 gross margin by 150 basis points to 50.2 percent due to lower freight costs and a favorable channel and regional sales mix. Third quarter operating income slipped by 16 ...
-
ArticleRocky Brands sees FY sales falling to low end of guidance ahead of growth next year
Rocky Brands blames it on delivery delays, which particularly affect Xtratuf.
-
ArticleCoDi’s branded consumables turn Q3 profit despite lower sales
Compass Diversified’s sports and outdoor brands, including PrimaLoft and Boa, boosted Q3 profits to $11.2 million, overcoming last year’s losses.
-
ArticleGarmin lifts annual forecast, with the outdoor segment helping growth in Q3
The Swiss fitness device manufacturer boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments.
-
ArticleIn Q3 2024, land will be in sight again for Leatt
The South African company sees hope in Q3 2024, reporting a slight revenue rise and inventory stability despite a 75% profit drop, and is optimistic about a future rebound.
-
ArticleWeak demand impacts Shimano’s nine-month results
The leading bike parts maker faces demand challenges, seeing a 30% drop in operating income and an 11% revenue decline amid economic headwinds worldwide.
-
ArticleVF Corp. achieves Q2 gains in turnaround progress
The owner of TNF, Vans and Timberland posted sales improvement, higher margins and inventory cuts in Q2 2025, edging closer to its FY goals.
-
ArticleFenix Outdoor reports mixed Q3 performance with decline in branded segment
The group’s Q3 saw branded segment sales drop 21%, while the retail segment performance varied by region.
-
ArticleNewell shrinks Outdoor & Rec loss despite lower sales
Newell’s Outdoor & Recreation sales drop 21% in Q3, but Coleman’s refreshed brand strategy shows promising early growth.
-
ArticleDometic weighs further restructuring, strategic improvements
The Swedish group faces a tough Q3 with a 17% revenue drop, and explores cost cuts and potential divestments; more details are expected with Q4 results.
-
ArticleThule Q3 operating income rises 15 percent
The group sees solid Q3 growth with rising sales, profitability and new launches, despite challenges in the Americas market.
-
ArticleRVRC reports 18% revenue growth, expands global presence
RevolutionRace’s sales growth in 2023/24 was driven by international expansion and product development as it broadens its global presence across 40 countries.
-
ArticleHelen of Troy reports higher sales, lower operating profit for Home & Outdoor segment
The Texas-based company’s Home & Outdoor segment saw a slight revenue boost but a 14% drop in operating income, with Osprey and Hydro Flask expanding distribution.
-
ArticleOutdoorsy Group plans European expansion after $3bn milestone
The US-based outdoor travel operator surpasses $3 billion in sales and has bold plans to expand its RV rental marketplace and insurance services across Europe.
-
ArticleKMD Brands reports 11.2% drop in FY24 sales
Weak consumer sentiment led to a challenging year for KMD Brands, parent of Rip Curl and Kathmandu, with a net loss of NZ$48.3 million.
-
ArticleAlfa is stronger than ever and has a new head office
Norwegian shoe brand Alfa Sko has moved into a brand-new headquarters and expects record sales in 2024.
-
ArticleSpinnova: Navigating challenges and embracing strategic shifts in H1
The Finnish innovator in sustainable textiles navigates financial challenges with strategic shifts, boosted by a key partnership for a new production facility.
-
ArticleAmer Sports lifts FY guidance after strong Q2 driven by Arc’teryx
Arc’teryx drives Amer’s Q2 success, boosting stock by over 10% and leading to an upgraded full-year forecast with strong growth in Technical Apparel.
-
ArticleThings are improving at Merida
Taiwan’s second-largest bike producer saw a strong recovery in Q2 with a 25% revenue increase, signaling a positive outlook for the rest of the year as production ramps up.
