All Financial results articles – Page 64
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Article
Britain’s Schuh Group tops guidance at Genesco
Genesco, the parent company of shoe retail chains such as Journeys and Johnston & Murphy in the U.S. and Schuh in the U.K., achieved profits that exceeded analysts’ expectations. Its net income for its fourth fiscal quarter, ended on Feb.1, reached $35.5 million, compared with a loss of $63.9 million ...
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Article
Famous Footwear stands out in Caleres’ results
Last week Caleres withdrew its previous financial outlook, which included the estimated impact of the supply chain disruption related to the coronavirus outbreak during the first quarter of the current financial year. Its forecast called for its total revenues to remain flat this year, with those of its Brand Portfolio ...
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Article
Rocky Brands’ momentum continues
After several quarters of good results, Rocky Brands ended the year on a high, scoring a net income increase of 41.0 percent for the fourth quarter to $5.1 million, on revenues that went up by 12.1 percent to $75.3 million, both exceeding analysts’ forecasts. The management attributed the significant ...
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Article
Crocs returns to profits in Q4
Crocs continued to reap the benefits of its efforts to restructure, ending the year with a profit against a loss for the same quarter a year ago. In the fourth quarter ended Dec. 31, it delivered strong direct-to-consumer (DTC) growth and sell-through at the wholesale level, leading revenues to reach ...
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Article
Chemicals and coronavirus weigh on Wolverine’s results
The group’s two biggest footwear brands, Merrell and Sperry, helped Wolverine Worldwide finish the last year on a high in terms of revenues, with both of them scoring growth in the mid-teens for the fourth quarter ended on Dec. 28. The company also benefited from an acceleration in direct-to-consumer sales ...
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Article
Geox’s FY net loss widens on one-off charges, lower sales
Geox’ net loss for the last financial year widened to €24.8 million from €5.3 million in 2018 as the company booked €15.0 million in one-off costs, against €9.8 million the previous year, and suffered a 2.6 percent decline in sales to €805.9 million (see Shoe Intelligence Vol. 22 n. 1+2 ...
