All Financial results articles – Page 11
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ArticleCaleres’ earnings, sales fall in Q2 on declining sales and margins
Caleres saw its earnings fall sharply in the second quarter of its fiscal year as sales continued to decline and margins were squeezed due to US import tariffs, added inventory reserves and higher clearance promotions at its Famous Footwear chain. Given the continued uncertainty tied to tariffs, Caleres said it ...
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ArticleShoe Carnival lifts earnings guidance as rebranding strategy gains momentum
Shoe Carnival raised its earnings guidance for the full year after posting higher-than-expected profits in the second quarter ended Aug. 2 as a strategy of rebranding stores to its premium Shoe Station label gained momentum. The footwear retailer now expects to report earnings per share of $1.70 to $2.10 for ...
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ArticleZegna’s H1 earnings lifted by exceptional items
Ermenegildo Zegna posted a net profit of €47.9 million in the first half of 2025 compared to €31.3 million a year earlier, driven up by the fair value remeasurement of liabilities for put options and a positive impact from foreign currency exchanges with the depreciation of the US dollar compared ...
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ArticleGolden Goose continues to post a double-digit growth rate
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first half of 2025 net revenues rose by 13 percent year-over-year at constant exchange rates to €342.1 million, driven by the direct-to-consumer (DTC) channel. In the sole second quarter, the top line ...
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ArticleGenesco raises sales outlook as Journeys' momentum continues but margins under pressure
Genesco raised its sales guidance for the full year, as the momentum of the Journeys banner continues to drive better-than-expected top-line growth. The footwear retailer now anticipates total sales growth for the year of 3-4 percent and comparable sales growth of 4-5 percent, an improvement on prior guidance for a ...
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News briefs
Alibaba’s revenues decline in Q1
Alibaba announced that revenues for the fiscal first quarter ended June 30, were up by 2 percent year-on-year to 247.652 billion yuan renminbi ($34.571 billion). Excluding revenues from the disposed businesses of Sun Art and Intime, like-for-like revenues for the Chinese e-commerce retailer increased by 10 percent. Diluted earnings per ...
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News briefs
BasicNet’s revenues decline slightly in H1
BasicNet, which owns Kappa, Superga, Sebago and other brands, reported consolidated revenues of €172.6 million for the first half of 2025, down by 0.7 percent year-over-year. Ebitda dropped by 14.2 percent to €15.1 million. Aggregate brand sales for the Italian group grew by 4.3 percent to €567.1 million, with revenues ...
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News briefs
JD’s sales slip in Q2
JD Sports Fashion said that in the second quarter, or the 13 weeks to Aug. 2, sales fell by a like-for-like 3.0 percent to £3.106 billion (€3.601bn), but were up by 2.2 percent organically. In the first half, sales totaled £5.940 billion (€6.887bn), down a like-for-like 2.5 percent and up ...
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News briefs
Manolo Blahnik’s 2024 sales down 19%
Manolo Blahnik reported that it posted a 19 percent drop in sales to €86.4 million in 2024, after suffering a 10 percent decline in 2023. Last year’s decrease was due to the company’s focus on direct-to-consumer (DTC) channels and macroeconomic headwinds. DTC sales grew by 13 percent to represent 32 ...
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News briefs
Vulcabras’ domestic sales surge
Domestic sales at the Brazilian footwear group Vulcabras grew by 19 percent to 861.2 million (€136.5m) in the second quarter of 2025, while revenues outside the country dipped by 10.4 percent to R$33.6 million (€5.3m). The group reported a 153 percent year-over-year increase in quarterly net income to R$353.3 million ...
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ArticleBirkenstock’s sales lifted by higher volumes and average selling price
In the fiscal third quarter ended June 30, Birkenstock Holding, the UK-based parent company of the German sandal maker, posted revenues of €635.0 million, up by 12 percent on a reported basis and by 16 percent in constant currency rates compared to the previous year. Revenue growth was supported by ...
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News briefs
Shoe Zone halves its earnings guidance again
Shoe Zone halved its full-year guidance for adjusted profit before tax to approximately £2.5 million pounds (€2.9m) from previous expectations of £5.0 million due to poor trading conditions. It also withdrew its current dividend policy. The financial year of the British footwear retailer ends on Sept. 27. In December 2024, ...
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ArticleSabu reports steady performance for 2024 after a record 2023
The German shoe retail cooperative Sabu reported stable results for 2024, with its wholesale unit, Sabu Schuh & Marketing GmbH, posting a sales drop following record figures in 2023, while Unitex GmbH saw an increase in sales. Sabu said it was satisfied with the overall performance and confirmed that member ...
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ArticleYue Yuen’s manufacturing business underpins revenues
Yue Yuen recorded higher shipment volumes, driven by increased orders from multiple brands in the first half of 2025, as well as a rebound in average selling prices. However, the world’s largest manufacturer of footwear was again saddled with uneven production leveling and higher labor costs, both of which ...
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ArticleSkechers surprises with strong Q2
After a varied start to the year, Skechers surprised with strong momentum in the second quarter – thanks mainly to a boom in demand in Europe and positive currency effects. While US markets are stagnating and China is weakening, the company is benefiting from its strong international presence. Sales rose ...
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ArticleAzzas 2154’s adjusted footwear sales rise slightly
The Brazilian footwear and apparel group Azzas 2154 said that gross revenues for its footwear and accessories business unit fell by 2.0 percent in the second quarter of 2025 compared to the year earlier, reaching 1,105 million reais (€173.2m). But, when adjusted to only continued brands, the top line of ...
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ArticleAlpargatas’ Q2 earnings surge
In the second quarter, Alpargatas posted net sales of 1.101 billion Brazilian reais (€174.0m), up 8.3 percent, with the key Havaianas brand also rising by 8.3 percent to R$ 1.090 billion. The Brazilian footwear group sold 48.8 million pairs during the three months ended June 30, representing a 5.7 percent ...
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ArticleGrendene’s Q2 sales driven higher by exports
In the second quarter of 2025, Grendene’s gross revenues rose by 25.1 percent year-over-year to 756.2 million Brazilian reais (€119.6m), thanks to an 88.0 percent rise in international sales to R$ 183.7 million (€29.0m) and a 13.0 percent rise in domestic sales to 572.5 million (€90.5m). The volume of pairs ...
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ArticleAllbirds cuts its sales guidance but still sees growth in Q4
Allbirds cut its sales guidance for the full year but still expects initiatives focused on new products, marketing and ”customer experience” will help the US footwear group return to a sales growth in the fourth quarter. In the second quarter of 2025, net revenues come in at $39.7 million, ...
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Articles.Oliver expands its management to include the Rellecke brothers
The German clothing and footwear group s.Oliver reported positive results for 2024 and announced a restructuring of its management team as it continues to adjust its strategic direction. Effective Sept. 1, the brothers Julian and Johannes Rellecke will join the management team, with the former overseeing product, design and ...
