Financial Results – Page 5
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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 ...
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ArticleCrocs withdraws guidance on macroeconomic uncertainty
Crocs said it was withdrawing its guidance for the full year amid macroeconomic uncertainties tied to global trade policies, despite its better-than-expected sales performance in the first quarter of the year. “We are incredibly proud of our better-than-expected first quarter performance despite what has been an increasingly volatile macroeconomic backdrop ...
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ArticleZalando’s Q1 revenues beat market expectations
In the first quarter of 2025, Zalando posted a net income of €9.9 million against a loss of €8.9 million a year earlier on rising revenues and improved operating profitability. Gross merchandise volume (GMV) rose by 6.5 percent to €3.5 billion and revenues grew by 7.9 percent to €2.4 ...
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ArticleRocky Brands maintains full-year guidance after better-than-expected Q1
Rocky Brands maintained its full-year sales and earnings guidance after a better-than-expected performance in the first quarter of the year, while it prepares to hike prices and shuffle manufacturing in the wake of new US import tariffs. In the three months ended March 31, Rocky Brands reported sales of $114.1 ...
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ArticlePrada Group’s sales driven higher by Miu Miu
The Prada Group posted net revenues of €1,341 million in the first quarter of 2025, up by 13 percent year-on-year both on a reported basis and at constant exchange rates thanks to the Miu Miu brand. At actual and constant exchange rates, retail sales were up by 13 percent to ...
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ArticlePrimark committed to US expansion
Primark said it is committed to the expansion of its store network in the US despite the unreliable approach to tariffs by the US President Donald Trump. The current chain of 29 US stores accounts for about 5 percent of Primark’s sales. It has also signed leases on an extra ...
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ArticleLowa’s sales rise nearly 2% in 2024
German outdoor footwear brand Lowa Sportschuhe GmbH announced that it achieved the second-best financial result in its history in fiscal 2024, posting revenues of €233.9 million, an increase of 1.9 percent year-over-year. The company also sold 2.97 million pairs of shoes, up 0.8 percent compared to the previous year. “Our ...
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ArticleAsos narrows its losses as the turnaround plan takes hold
Asos reported lower sales in the first half of its fiscal year as it continued to clear excess inventory, but said its new business model was showing signs of progress and left it better placed to deal with the impact of US trade tariffs. The company narrowed pre-tax losses to ...
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ArticleSkechers pulls FY guidance amid trade uncertainty after ‘exceptional’ Q1
Skechers withdrew its sales and earnings guidance for the full year amid heightened macroeconomic uncertainty and signs of weakening US consumer sentiment due to global trade policy developments. “As we began 2025, we communicated our belief reflected in our annual guidance that this would be another year of growth on ...
