All Financial results articles – Page 2
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ArticleGenesco raises earnings guidance and unveils new cost savings plan
Genesco raised its earnings guidance and maintained its expectations for sales in fiscal year 2027 as it announced a new cost savings plan and turned in what it described as better-than-expected results in the first quarter. The US footwear company now expects to report adjusted earnings per share of $2.00 ...
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ArticleGolden Goose continues to grow at a double-digit pace
In the first quarter of 2026, Golden Goose, the Italian brand of premium sneakers, saw its net revenues rise by 10 percent year-over-year at constant exchange rates to €173.2 million, driven by direct-to-consumer (DTC) sales. DTC sales were up by 19 percent year-on-year and represented 81 percent of total revenues, ...
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ArticleANWR Group increases its business volume amid sector transformation
ANWR Group increased its business volume in 2025, though revenues declined and overall performance fell slightly short of the previous year. The German buying group said in a statement that business volume rose 1.5 percent to €19.6 billion, while revenues stood at €625.6 million and earnings before taxes came in ...
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ArticleShoe Carnival pauses rebanner strategy, plans to close underperforming stores
Shoe Carnival now plans to rebanner just a “few” more stores into its premium Shoe Station banner over the next two years and will be closing 18 to 24 underperforming stores following a strategic review carried out during the first quarter of its fiscal year 2026. Cliff Sifford, Shoe Carnival’s ...
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ArticleHoka powers Deckers to record $5.47bn in FY2026
Deckers closes fiscal 2026 with record $5.47bn in revenue, driven by Hoka’s 16% growth, and guides for further expansion through 2030.
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ArticleCoats holds guidance as OrthoLite lifts Ebit margin
Coats maintained its full-year guidance and reported that the Iran war had not caused a material impact on trading so far. Reported revenues were up by 18 percent year-over-year in the four months to April, lifted by the acquisition of OrthoLite, the maker of open-cell foam insole technology, bought for ...
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ArticleDr. Martens’ profits stride ahead as turnaround plan gains traction
Dr. Martens reported a sharp jump in annual profits as its move to more full-price sales started to pay off under Chief Executive Ije Nwokorie’s turnaround plan. Adjusted pre-tax profit for the year to March 29 soared by 61 percent to £55 million (63.5m), driven by a “standout” 19 percent ...
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News briefs
Caleres confirms its interim CFO in the job
On May 20, Caleres announced the appointment of Dan Karpel as Senior Vice President and Chief Financial Officer, effective immediately. He will serve as the company’s principal financial officer and principal accounting officer. Karpel rejoined Caleres as Chief Accounting Officer in October 2025 and was appointed to the role of ...
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ArticleNorth Face powers VF Corp’s first growth in three years
The apparel group posted its first annual revenue increase since FY2023, led by The North Face – while Napapijri resets and Altra surges.
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ArticleGeox’s sales contraction accelerates in Q1
Geox reported sales of €165.3 million in the first quarter of 2026, down by 12.5 percent year-over-year as a decline in customer traffic that began in the second half of 2025 intensified at the start of 2026. Excluding the closure of some stores and non-profitable sales channels, comparable sales slipped ...
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ArticleFerragamo’s sales continue to be dragged down by the wholesale channel
Salvatore Ferragamo’s total sales in the first quarter of 2026 fell by a reported 5.5 percent year-over-year, and by 1.2 percent at constant exchange rates, to €209.0 million due to a sharp decline in the wholesale channel. Direct-to-consumer (DTC) sales grew by currency-neutral 5.5 percent with positive performances in all ...
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ArticleBoot Barn's momentum continues after Q4 sales jump 19%
Boot Barn has continued to see sales momentum at the start of its new fiscal year after sales in the fourth quarter jumped by 18.7 percent compared to the year earlier to $538.8 million. According to figures for the first six weeks of the fiscal year that started on March ...
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ArticleSaucony drives Wolverine Worldwide to strong Q1
With Saucony now the fastest-growing brand and international at 20%, Wolverine’s earnings mix is shifting decisively away from its domestic wholesale base
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ArticleYue Yuen's profit falls on factory squeeze
The world’s largest footwear contract manufacturer saw earnings halve in Q1 as a rare calendar crunch and tariff-sharing costs compressed factory margins to their weakest in years.
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ArticleBirkenstock posts higher revenues and lower profits
Birkenstock Holding, the UK-based parent company of the German sandal maker, posted revenues of €618 million in the fiscal second quarter ended March 31, up by 8 percent on a reported basis and by 14 percent in constant currency. Wholesale revenues grew a reported 9 percent, and by 15 percent ...
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ArticleShoe Zone sees tough trade ahead as H1 losses widen
Shoe Zone has warned that it still faces tough trading conditions due to increased consumer caution and the Iran war after earnings slid further into the red at the half-year stage. Revenues of the British footwear retailer fell by 12 percent in the 26 weeks to March 28 to £63 ...
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ArticleAlpargatas’ sales momentum continues in Q1
Alpargatas continued to see top line momentum in the first quarter of 2026, with net sales increasing by 12.5 percent compared to the year earlier to 1,229.5 million Brazilian reais (€212.3m), up slightly from the 11.8 percent growth rate seen in the previous quarter. Total sales for the Havaianas brand, ...
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ArticleAzzas 2154’s Q1 footwear, accessories sales fall 7%
The Brazilian footwear and apparel group Azzas 2154 said that first-quarter gross revenues for its footwear and accessories business unit decreased by 7.0 percent to 967.0 million reais (€167.4m) and were down by 6.9 percent when adjusted to exclude discontinued brands. The sales decline was driven by sell-in channels, which ...
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ArticleGrendene’s sales decline on lower shoe prices
In the first quarter of 2026, Grendene posted gross revenues of 682.9 million Brazilian reais (€118.4m), a decrease of 3.2 percent compared to a year earlier due to lower shoe prices. Sales volumes were up by 1.6 percent to 25.7 million pairs but the gross revenue per pair declined by ...
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ArticleWeyco’s sales steady in Q1 as market, tariff uncertainty continues
Weyco said it generated $68.0 million in sales in the first quarter of 2026, steady compared the year earlier, as its Florsheim brand performed strongly but other brands faced headwinds in a market environment the company described as uncertain. First-quarter net sales from Weyco’s North America wholesale segment decreased by ...
