Quarter Results
Under Armour reports revenue decline with improved profitability
The US-based sportswear company has increased its gross margin, although this was partially offset by lower revenues in all markets. Fiscal 2025 guidance has been positively revised
adidas reports nine month revenue growth
The German-based sportswear company has raised its guidance for 2024 and now expects 1.2 billion euros in operating profit, driven by sales momentum and disciplined cost management
Puma reports nine month results amid currency headwinds
Currency pressures and higher operating expenses impacted Puma’s 2024 nine-month results. However, the German-based company reaffirmed its guidance on the back of revenue growth in the Americas and DTC performance
Vulcabras achieves the highest EBITDA in its history
The Brazilian footwear company has reported a strong performance in the third quarter. It has achieved its highest EBITDA ever, thus validating the consistency of its business strategy
Rocky Brands reports third quarter revenue decline
The US-based footwear company reported an 8.8% year-on-year decline in third quarter net sales. Improved retail revenue and gross margins partially offset wholesale shortfall
Brooks Running reaches 1 billion US dollars in revenue
The US-based running shoe brand reached 1 billion US dollars in sales for the first time in the third quarter, driven by growth in North America, Asia Pacific and European markets
Miu Miu fuels strong performance for Prada Group
Against a challenging backdrop in the luxury segment, the Italy-based luxury continued to perform strongly. Miu Miu “upheld its thriving growth momentum”
Columbia posts mixed third quarter results with strong margins and sales decline
The US-based sportswear company reported a 5% decrease in revenue but improved its gross margin. Columbia also unveiled its new growth strategy, aimed at attracting younger and more active customers
Crocs posts slight revenue growth
The US footwear company has posted a slight revenue growth and increased gross margins for the third quarter, adjusting its fourth quarter and full year guidance. Heydude brand turnaround continues
VF Corp reports sequential quarterly improvement
Although the company’s revenue was still down year-on-year in the second quarter, there were signs of improvement, especially in the performance of Vans, which has weighed on VF’s overall performance
Skechers reports record third quarter results
The US-based footwear company reported record third quarter results, boosted by international and domestic sales, and set strong guidance for the fourth quarter and full year 2024
Deckers posts strong second quarter
The California-based footwear company posted another strong quarterly performance, with net sales up by 20.1% year-on-year, driven by continued demand for the Hoka and Ugg brands
Hermès maintains momentum with strong third quarter growth
The French-based luxury group delivered a 14% revenue increase in the first nine months of the year. Japan and Europe, excluding France, experienced the highest regional sales growth
Kering issues third profit warning of the year
The owner of Gucci and Yves Saint Laurent has issued a third profit warning amid a downturn in the luxury market and after posting a “larger-than-expected” slowdown in the third quarter
Zalando raises full year guidance after strong third quarter results
The German online multi-brand company has upgraded its financial forecast for 2024 following a strong third quarter, driven by its new ecosystem strategy and rising consumer demand in the fall/winter season-
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