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20 May Foot Locker Beats Earnings Targets In First Quarter

Posted at 10:34h in FDRA, Home, Latest News

Foot Locker reported first-quarter results declined against challenging year-ago comparisons, but earnings topped Wall Street estimates. Foot Locker now expects earnings and sales for the...

19 May Shoe Carnival Lifts Earnings Outlook On Q1 Beat

Posted at 09:48h in FDRA, Home, Latest News

Shoe Carnival, Inc. reported earnings and sales declined in the first quarter against challenging year-ago comparisons but were well above the pre-pandemic 2019 first quarter...

19 May Patrick Frisk To Step Down From Under Armour As President And CEO

Posted at 09:47h in FDRA, Home, Latest News

Under Armour, Inc. announced that Patrik Frisk will step down as president and CEO and as a member of its Board of Directors, effective June 1, 2022....

12 May Wolverine World Wide Sees Q1 Revenue And Margins Top Expectations

Posted at 15:11h in FDRA, Home, Latest News

Wolverine World Wide Inc. reported revenue and operating margin exceeded expectations in the first quarter ended April 2 as sales grew 20 percent. Excluding the...

12 May Asics Sees 12 Percent Q1 Growth In North America

Posted at 15:10h in FDRA, Home, Latest News

Asics reported that despite strong sales in North America, net sales decreased 1.1 percent to ¥105,329 million ($822 mm) due to production disruptions caused by...

09 May Adidas And Foot Locker Announce New Long-Term Strategic Partnership

Posted at 10:17h in FDRA, Home, Latest News

Adidas AG and Foot Locker, Inc. announced a new partnership built around product, elevated and deeper consumer connectivity. This makes Foot Locker Adidas its lead...

05 May NRF Economist Sees Consumer Strength Despite Inflationary Pressure

Posted at 14:36h in FDRA, Home, Latest News

The economy’s fast-paced growth could slow somewhat as the Federal Reserve tries to bring inflation under control in the next few months, but consumers are...

28 Apr Report: JCPenney Owners Offer $8.6 Billion For Kohl’s

Posted at 13:46h in FDRA, Home, Latest News

Simon Property Group and Brookfield Asset Management are offering to acquire Kohl’s Corp. in a deal that would be worth more than $8.6 billion, according...

28 Apr Brooks Takes Top Spot In Performance Running Market

Posted at 13:37h in FDRA, Home, Latest News

Brooks Running said that in the first quarter, it took the top spot in the U.S. national performance footwear market for the first time, with...

28 Apr Puma’s Q1 Boosted By Americas Momentum

Posted at 13:35h in FDRA, Home, Latest News

Puma reported earnings rose 11.2 percent in the first quarter on a 23.5 percent revenue gain. Currency-neutral growth of 19.7 percent was led by gains...