15 Feb Puma Q4 Revenues Jump 20 Percent
Puma wrapped up 2018 by reporting significant earnings gains in the fourth quarter on a 20.1 percent revenue gain. For 2019, Puma expects earnings to climb 23 percent on a 10 percent sales increase....
Author: Andy Polk
14 Feb Asics’ Operating Earnings Tumble On Americas Weakness
Asics reported operating income slumped 46.3 percent in 2018 on a 3.4 percent decline in sales. Results were impacted by a sharp decline in sales in the Americas region. Revenues reached ¥386,7 billion, down from ¥400,.2 billion a year ago, according to a statement....
14 Feb HanesBrands Q4 Powered By Huge Growth For Champion
HanesBrands announced fourth-quarter 2018 results, including net sales growth of 7 percent and double-digit operating profit growth. Both earnings and sales exceeded Wall Street’s targets. Champion sales increased more than 50 percent outside the U.S. mass channel. The company also delivered operating cash flow of $502 million, and...
14 Feb Columbia Sportswear Beats Estimates On Record Q4, Full Year 2018
Columbia Sportswear Co. on Thursday announced net sales of $917.6 million for the fourth quarter of 2018, an increase of 18 percent (19 percent constant-currency), compared with net sales of $776 million for fourth quarter 2017 and ahead of Wall Street estimates by $69.6 million....
14 Feb Skechers Tops Q4 Targets On Robust International Growth
Skechers USA, Inc. reported earnings on an adjusted basis grew 42.3 percent, easily topping Wall Street’s targets, as sales gained 11.4 percent. Fourth Quarter Highlights Record fourth quarter sales of $1.08 billion, an 11.4 percent increase, or 13.7 percent on a constant currency basis International wholesale sales increase...
08 Feb Foot Locker Announces Global Realignment To Support International Growth Strategy
Foot Locker Inc., the New York-based specialty athletic retailer, on Tuesday announced a realignment of its organizational operating model into three distinct geographical regions: Europe, Middle East and Africa (EMEA); Asia Pacific; and North America, to better align its resources across its international businesses, and...
08 Feb Crocs To Relocate Global Headquarters To Broomfield, CO, In 2020
Crocs Inc. on Tuesday announced that it will relocate its corporate headquarters in 2020, from Niwot, CO, to Broomfield, CO. The move is part of the company’s strategy for long-term, sustainable growth, including employee retention and recruitment....
08 Feb Nike Signs Clean Energy Deal In Europe
Nike signed its first European clean energy deal with Iberdrola, the Spanish utility, with a goal of having all its offices in Europe powered by renewable energy by 2020....
08 Feb Foot Locker Announces $100M Strategic Investment In GOAT Group
Foot Locker Inc. announced that it is making a $100 million strategic minority investment through its subsidiary in 1661, Inc., d/b/a GOAT, a managed marketplace for authentic sneakers operating the GOAT and Flight Club brands. Over time, Foot Locker and GOAT Group will combine efforts across...
08 Feb Columbia Sportswear Beats Estimates On Record Q4, Full Year 2018
Columbia Sportswear Co. on Thursday announced net sales of $917.6 million for the fourth quarter of 2018, an increase of 18 percent (19 percent constant-currency), compared with net sales of $776 million for fourth quarter 2017 and ahead of Wall Street estimates by $69.6 million....
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