All Financial results articles – Page 8
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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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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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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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News briefs
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 ...
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ArticleShoe Zone stumbles to H1 loss on weaker demand, weather
Shoe Zone has swung to a half-year loss and scrapped its dividend, blaming weakening consumer confidence and unseasonal winter weather conditions in the first quarter, sending shares in the retailer crashing by a fifth. The British footwear retailer posted a pre-tax loss of £2.3 million (€2.72m) for the 26 weeks ...
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ArticleCoats upbeat despite US tariff uncertainty
Coats said that its first-half results are on track to finish higher than last year, despite US President Donald Trump’s global tariff regime causing “elevated uncertainty” in a number of its markets. The industrial thread and footwear components maker said revenues in the four months to April 30 had risen ...
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ArticleBoot Barn starts Q1 with double-digit sales growth, sees tariff impact in H2
Boot Barn has continued to report double-digit sales growth at the start of its new fiscal year after its top line rose by 16.8 percent to $453.7 million in the fourth quarter ended March 29. Management has cautioned, however, that both sales and profit margins are expected to come under ...
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ArticleBirkenstock hikes its guidance after strong Q2
Birkenstock Holding, the UK-based parent company of the German sandal maker, increased its full-year guidance after posting a strong set of results for its fiscal second quarter ended March 31. The company now anticipates full-year revenue growth at the high end of its guidance of a 15 to 17 percent ...
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ArticleFerragamo suffers a decline in Q1 sales
Salvatore Ferragamo’s sales declined slightly in the first quarter of 2025, raising doubts about the Italian fashion house’s ability to effectively relaunch its business. In March, Marco Gobbetti stepped down as Chief Executive Officer and General Manager, three years after joining the company from Burberry. The company booked overall revenues ...
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ArticleYue Yuen’s earnings decline in Q1
In the first quarter of 2025, Yue Yuen’s Ebit fell by 23.7 percent to $110.8 million from $145.1 million a year earlier. Net profit was down nearly 25 percent at $83.5 million, and gross profit slipped by 2.20 percentage points to 22.9 percent from 25.1 percent in the year-ago period. ...
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ArticleGeox sales slip 2% in Q1 but digital channel shows growth, profitability improves
Geox generated sales of €189.0 million in the first quarter of 2025, down by 2.4 percent compared to the year earlier, as gains in the digital channel were not sufficient to offset the impact of store closures and lower order intake from wholesale partners for the spring/summer 2025 collection. Despite ...
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ArticleAzzas 2154’s international business stands out as Q1 footwear, accessory sales grow 5%
The Brazilian footwear and apparel group Azzas 2154 said that gross revenues for its footwear and accessories business unit grew by 4.8 percent in the first quarter of 2025 compared to the year earlier, reaching 1,038.2 million reais (€165.3m).The company highlighted growth by the Anacapri and Vans brands and the ...
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ArticleAlpargatas posts a significant Ebitda improvement in Q1
In the first quarter, Alpargatas, the parent company of Havaianas, parent posted a 93 percent year-over-year improvement in Ebitda to 207.3 million Brazilian reais (€32.3m) as net sales increased by 17.5 percent to R$1,082.1 million (€168.0m) with 51 million pairs sold in Brazil and another 5.8 million in international markets. ...
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ArticleGrendene sees growth opportunity in the US
Grendene posted higher sales in the first quarter of 2025 thanks to growing exports, driven by South American markets. The Brazilian group believes it can benefit from the introduction of hefty import duties by the US on Chinese goods to expand in the North American market. In the three months ...
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ArticleSaucony and Merrell drive Wolverine’s Q1 growth
Wolverine Worldwide (WWW) returned to profitability in the first quarter, bolstered by double-digit growth from its two largest brands, Merrell and Saucony. However, the company withdrew its full-year financial outlook due to uncertainty surrounding proposed US tariffs and their potential impact on costs and inventory planning. The US group said ...
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ArticleAllbirds´ net revenues decreased 18.3% in Q1
Allbirds released first-quarter results in line with expectations and held guidance for the full year, while other brands withdrawing forecasts amid the turmoil caused by import tariffs introduced by the administration of US President Donald Trump. Net revenues of the San Francisco-based shoe manufacturer decreased by 18.3 percent to ...
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ArticleNext lifts profit guidance as warm weather boosts Q1 sales
Next lifted its annual profit guidance after reporting forecast-busting first-quarter sales, citing unseasonally warm weather in the UK which boosted in-store purchases of summer clothing. Full-price group sales in the three months to April 26 rose 11.4 percent, compared with the company’s forecast of a 6.5 percent increase. The pre-tax ...
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ArticleSteve Madden sees first cancellations amid tariff woes, seals Kurt Geiger acquisition
Steve Madden said it has received the first order cancellations in the wake of US import tariffs, as it continues to take steps to mitigate their impact, increasing prices and aggressively shifting production outside of China. Edward Rosenfeld, the Chairman and CEO, told analysts in a conference call on first-quarter ...
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ArticleStuart Weitzman posts a sharp fall in sales ahead of its takeover by Caleres
In the fiscal third quarter ended March 29, Stuart Weitzman posted revenues of $46.2 million, down by 18 percent on a reported basis and down by 17 percent at constant currency rates. In the first nine months of the brand’s fiscal year, revenues were down by 11 percent both at ...
