All Financial results articles – Page 5
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ArticleDeckers’ Q1 sales jump 17% as international business outperforms, tariff costs grow
Deckers Brands saw sales in its first quarter ended June 30 jump by 17 percent to $965 million, $55 million above the top end of its sales guidance, as both its Hoka and Ugg brands did better than expected and management highlighted sales growth in Europe and China. Sales at ...
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Santoni sees full-year sales rising to over €130m
The year of its 50th anniversary, Santoni expects sales to rise by 10 to 12 percent to about €133 million, according to the Executive Chairman Giuseppe Santoni. In the first half of 2025, the Italian brand of luxury shoes posted a 10.5 percent increase in revenues to €64.2 million, of ...
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ArticleCoats buys OrthoLite
Coats, a British manufacturer of industrial threads and footwear components, signed a definitive agreement to acquire OrthoLite Holdings, a leading US manufacturer of open-cell foam insoles, for an initial enterprise value of $770 million. The transaction, which also includes Cirql, a new biodegradable midsole technology backed by over 80 ...
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Kingmaker swings to a loss
The Chinese footwear manufacturer Kingmaker reported a net loss of HK$33.89 million (€3.7m) for its fiscal year ended March 31 compared with a HK$20.22 million (€2.2m) profit recorded the previous year. Revenues declined by 9 percent year-over-year to HK$625.88 million (€68.1m), with the company citing subdued order flow, lower average ...
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ArticleDr. Martens trading in line with expectations
Dr. Martens said that trading since the start of its financial year has been in line with expectations and its full-year guidance remains unchanged. The fiscal year of the British footwear company runs until the end of March 2026. The company said that it continued to see positive trading in ...
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Footasylum full-year revenues up by 9.4%
Footasylum, the UK-based sports fashion retailer, delivered record-breaking results for the fiscal year ending January 2025. Revenues reached £349.5 million (€404.9m), up by 9.4 percent from £319.5 million (€370.1m) a year earlier. Store sales rose by 3 percent to £172.6 million (€199.9m), while online sales increased by 6 percent ...
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ArticleLeder & Schuh reports moderate sales growth
Leder & Schuh increased its sales in 2024 as the launch of a new private label, the further expansion of its store network and an optimization of its product range helped spur growth. Last year, sales increased by approximately 1.1 percent year-on-year, reaching €371 million, while the gross profit ...
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ArticleClarks’ profits fall again as consumers continue to rein in spending
Clarks reported lower annual profits for 2024 as headwinds from the prior year continued with challenging trading conditions persisting in the UK, Europe and the US and consumers seeking cheaper prices. Ebitda for the 12 months to Dec. 31 fell to £25.8 million (€30.1m) from £42.5 million a year earlier. ...
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ArticleH&M’s Q2 earnings above expectations
H&M Hennes & Mauritz posted lower sales and earnings in its second quarter, which ran from March 1 to May 31, due to foreign exchange headwinds and fewer stores. However, the bottom line was above market expectations. The Swedish affordable fashion retailer’s sales came in at SEK 56.714 billion (€5.01bn), ...
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ArticleSchuh Mücke to close Munich store amid sales drop
The German footwear and sporting goods retailer Schuh Mücke, part of the ANWR Group, continues its strategic repositioning and will close its Munich store in early 2026 amid declining sales. Schuh Mücke reported revenues of €101.8 million in 2024, down from €104.7 million in 2023, when sales briefly returned to ...
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ArticleDesigner Brands shifts focus to cutting costs, protecting margin after ‘soft start’ to 2025
Designer Brands said it was withdrawing sales and earnings guidance for the full year and shifting its focus to cutting costs, protecting margins and mitigating the impact of tariffs amid macroeconomic uncertainty, deteriorating consumer sentiment and a “soft start” to its fiscal year. The company, which owns the DSW chain, ...
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ArticleInditex posts disappointing Q1 sales
In the first quarter ended April 30, Inditex saw its sales grow by 1.5 percent to €8.3 billion. The top line was 4.2 percent higher at constant currencies and up by 5.3 percent adjusted for the calendar effect of the leap year. The group said that its spring/summer collections were ...
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ArticleDr. Martens to cut discounts, widen offering as part of new CEO’s turnaround plan
Dr. Martens is cutting discount sales and promoting other products as it forecast a return to profit this financial year under a turnaround plan led by its new boss Ije Nwokorie. The British footwear group said its narrow focus on boots “failed to take full advantage of our strong shoes, ...
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ArticleGenesco reaffirms earnings guidance after better-than-expected Q1
Genesco reaffirmed its earnings guidance for its full fiscal year, after turning in a better-than-expected top and bottom line performance in the first quarter and putting in place mitigation measures to offset the impact of US import duties. In the three months ended May 3, Genesco’s sales rose by 4 ...
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Bata India's revenues, earnings slip
In the fourth quarter ended on March 31, Bata India’s revenues slipped by 1 percent year-on-year to 7.888 billion rupees (€80.4m) and net profit dropped 28 percent to INR 459 million (€4.7m). The operating profit dropped to INR 374 million (€3.8m) in the fourth quarter from INR 583 million the ...
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ArticleShoe Carnival accelerates rebannering, confirms guidance as Shoe Station outperforms
Shoe Carnival announced it was once again speeding up plans to rebrand stores to its premium Shoe Station label, with Shoe Station now set to represent over 80 percent of its store fleet by March 2027, a significant increase from its previous 51 percent target. The footwear retailer’s ambitious plans ...
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ArticleCaleres cuts costs, accelerates shift away from China after worse-than-expected Q1
Caleres said it will cut costs and continue a shift away from sourcing from China, after posting worse-than-expected sales and earnings in its first quarter ended May 3. The disappointing performance came as US import tariffs started to have an effect and amid signs of worsening customer credit issues. Sales ...
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ArticleJimmy Choo’s sales weighed down by the Americas, Asia
In the fiscal fourth quarter ended March 29, Jimmy Choo, the luxury footwear brand owned by Capri Holdings, posted revenues of $133 million, down by a reported 2.9 percent and by 1.5 percent at constant currency rates, due to lower sales in the Americas and Asia-Pacific Revenues in the Europe, ...
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Golden Goose posts a double-digit growth rate in Q1
Golden Goose, the Italian brand of premium sneakers controlled by the investment firm Permira, said that in the first quarter of 2025 net revenues rose by 12 percent year-over-year at constant exchange rates to €164.5 million, driven by the direct-to-consumer (DTC) channel. Overall DTC sales were up by 19 percent, ...
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ArticleDeckers’ Q1 sales seen rising less than expected as tariffs start to bite
Deckers Brands forecasted that sales in the first quarter ending June 30 will rise to $890-910 million from the $825 million reported the year earlier, falling below an analyst consensus for a top line of about $919 million. Deckers said the first-quarter forecast factored in the impact of US import ...
