All Financial results articles – Page 7

  • Shoe Zone logo
    Article

    Shoe Zone's FY revenues rise 6.1%

    2023-10-17T16:30:00Z

    Shoe Zone said that in the full year ended Sept. 30 revenues increased by 6.1 percent year-on-year to £165.7 million (€190.9 million), with store revenues growing to £134.8 million (€149.6m) from £129.8 million and digital revenues increasing to £30.9 million (€35.6m) from £26.4 million. Digital revenues now represent 18.7 percent ...

  • News briefs

    Footway’s sales fall, losses widen in Q3

    2023-10-16T14:23:00Z

    Footway Group AB, the Swedish operator of specialized online stores, which has been undergoing restructuring since July 25 this year, has presented its latest figures for the third quarter of the current fiscal year. Sales amounted to 136 million Swedish kroner (€11.77m) compared to SEK 261.6 million (€22.63m) in the ...

  • ccc_logo
    Article

    CCC Group posts softer sales in Q3 led by the CCC and eobuwie banners

    2023-10-16T14:18:00Z

    With most of its fiscal third quarter over, CCC Group has registered softer sales, amid above average temperatures through September and weakened “but slowly recovering” consumer demand. In the period from Aug. 1 to Oct. 10, sales at the Polish footwear and fashion group were down by 4 percent compared ...

  • lvmh_logotype_simple_n-1 (1)
    Article

    LVMH’s sales growth slows down in Q3

    2023-10-11T15:29:00Z

    LVMH’s fashion and leather goods division posted revenues of €30.912 billion in the first nine months of 2023, up by a reported 11 percent and by 16 percent organically. However, third-quarter sales only rose by an organic 9 percent year-over-year compared with a 20 percent growth in the first half ...

  • Caleres
    Article

    Caleres to leverage lead brands to resume growth in 2024 after September sales disappoint

    2023-10-09T09:49:00Z

    Caleres warned that its third-quarter and full-year sales are likely to come in at the lower end of guidance following a disappointing sales season in September, as unseasonably warm temperatures, higher interest rates and the impending Oct. 1 end to a student loan moratorium in the U.S. put a damper ...

  • Spartoo
    Article

    Spartoo’s H1 sales decline but earnings improve

    2023-10-04T16:41:00Z

    In the first half of 2023, Spartoo saw its gross merchandise value (GMV) decrease by 2.6 percent compared to the year earlier to €101.6 million and revenues excluding value-added tax slipped to €72.9 million from €73.9 million. The percentage of GMV generated by brands owned by the French retailer increased ...

  • boohoo logo
    Article

    Boohoo cuts its sales guidance

    2023-10-03T18:45:00Z

    Boohoo has warned that full-year sales are likely to fall more than expected after a weak first half of the fiscal year. The British online fashion retailer said that in the six months to Aug. 31 revenues fell by 17 percent year-on-year to £729.1 million (€841.2m), with domestic sales down ...

  • Birkenstock logo IPO
    Article

    Birkenstock valued up to $9.2bn in IPO

    2023-10-03T14:22:00Z

    Birkenstock has set a value of up to $9.2 billion at the top end of the price range for its initial public offering (IPO), or more than seven times its annual sales. Birkenstock Holding Limited, which is registered in Jersey and has its headquarters in London, has filed for an ...

  • News briefs

    Nike brand Q1 footwear sales up by 3.8%

    2023-09-29T09:31:00Z

    Nike reported a 10 percent Ebit decline in the first quarter ended Aug. 31 to $1.65 billion on a 2 percent revenue expansion to $12.94 billion. Ebit margin dipped 2.00 percentage points to 12.5 percent from 14.5 percent in the year-ago period and fell in all geographic regions except ...

  • Clarks
    Article

    C & J Clark International hit by post-Covid supply issues, but group results step ahead

    2023-09-29T08:37:00Z

    C & J Clark International reported lower turnover and profits last calendar year as post-Covid pandemic supply chain issues hit stock availability. The company is the unit of the Clarks group that manages the activities in the U.K., all of the wholesale business in Asia as well as some of ...

  • Asos logo
    Article

    Asos lowers guidance as wet summer hits U.K. sales

    2023-09-27T08:15:00Z

    The British online fast fashion retailer Asos said that operating profits for the full year will come in at the bottom end of expectations and free cash flow will be significantly lower than guidance after domestic sales in July and August were hit by wet weather. In a fourth-quarter trading ...

  • Leder und Schuh
    Article

    Leder & Schuh reports strong increase in sales for 2022

    2023-09-25T15:28:00Z

    Austria’s Leder & Schuh, one of Europe’s largest shoe retailers, reported a strong increase in sales in 2022, confirming the previous year’s positive sales trend. Revenues rose to €351 million from €280 million in 2021, an increase of around 25 percent. The company’s gross profit rose to €147.5 million ...

  • Shoe Carnival
    News briefs

    Shoe Carnival hikes dividend by 20%

    2023-09-25T15:25:00Z

    Shoe Carnival has declared a quarterly cash dividend of $0.12 per share, representing an increase of 20 percent from $0.10 per share previously. The dividend will be paid on Oct. 17 to shareholders of record as of the close of business on Oct. 3. “This marks our 46th consecutive quarterly ...

  • Next logo
    Article

    Next lifts guidance again as strong summer, wage rises boost sales

    2023-09-22T07:40:00Z

    Next lifted full-year guidance for the third time in four months after better-than-expected summer sales and said easing inflationary pressures could see a fall in prices next year. Pre-tax profits are now forecast to come at £875 million (€1bn) from a previous guidance of £845 million (€974.2m), with the brand ...

  • Birkenstock logo IPO
    Article

    Birkenstock’s 9-month sales up 21%

    2023-09-18T15:10:00Z

    Birkenstock’s sales in the nine-month period ended June 30, 2023, rose by 21 percent to €1,117 million as the number of units sold grew by 5 percent and the average selling price increased by 15 percent. Direct-to-consumer penetration grew to 37 percent of revenues over the period from 34 percent ...

  • News briefs

    Garmont posts 16% sales growth in H1

    2023-09-18T15:05:00Z

    Italian outdoor footwear manufacturer Garmont saw its sales increase by 16 percent in the first half of 2023 as compared to the same period of 2022, with Ebitda up by 38 percent. The company attributed the growth in the first half to the outdoor segment and its new products for ...

  • News briefs

    H&M’s Q3 sales disappoint

    2023-09-15T12:09:00Z

    H&M’s net sales in the third quarter that ended Aug. 31 reached SEK 60.897 billion (€5.1bn), up by 6 percent from a year ago but were “flattish” in local currency terms. Excluding Russia, Belarus and Ukraine, sales rose 8 percent in Swedish krona. H&M wound up its operations in Russia ...

  • News briefs

    Golden Goose’s H1 sales up 21% to €276.4m

    2023-09-14T15:12:00Z

    Golden Goose’s first-half revenues totaled €276.4 million, up by 21 percent year-on-year and by 65 percent compared with the same period in 2021. The Italian sneaker brand said that growth was underpinned by its internationalization, the focus on direct-to-consumer (DTC) sales and the expansion of its product range. DTC sales ...

  • News briefs

    Inditex’s H1 sales up 13.5%

    2023-09-14T07:59:00Z

    Inditex, the Spanish group that owns the brands Zara, Pull&Bear, Massimo Dutti, Bershka, Stradivarius and Oysho, said that in the first half ended July 31 net sales rose by 13.5 percent to €16.9 billion. At constant currency rates, the top line grew by 16.6 percent. Gross profit increased by 14.1 ...

  • News briefs

    Zegna’s H1 net profit rises nearly 148%

    2023-09-14T07:59:00Z

    The Italian fashion house Ermenegildo Zegna posted a net profit of €52.1 million in the first half of 2023, up by 147.9 percent compared to the year earlier. Revenues for the period, which was already reported in July, increased by 23.9 percent to €903.1 million. The group’s adjusted Ebit was ...