Lacrosse’S Bottom Line Suffers From Retail Slump
LaCrosse Footwear saw sales climb by 1.2 percent to $40.8 million for the third quarter, but net income went the other direction, falling by 21.4 percent to $2.2 million. The overall gross margin was down by 0.6 percentage points to 38.6 percent as the proportion of military sales increased.
Already a Shoe Intelligence subscriber? Sign in here.
Limited Time Offer!
Subscribe today with 50% off your first year. Cancel at anytime
- Insights you won’t find anywhere else about footwear brands and retailers and the footwear market
- Highly trusted business information you can rely on to make important decisions
- Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry
To continue reading this article Register Now. For corporate membership and enquiries see our corporate membership page.