Preview - Please log in to view full article.

Article Date: May 2022
Word Count: 163

Goldwin Finishes Fiscal Year with Strong Profit Gain


Net income more than doubled to ¥3,561 million ($30.6 mm) in the fiscal fourth quarter ended Mar. 31 from ¥1,498 million last year, on 15% higher revenues of ¥24,453 million ($210.4 mm), up from ¥21,253 million. Gross margin expanded 60 basis points to 49.5%, and SG&A grew by 6%, but still leveraged on the higher top line. Full-year revenues at Goldwin, which owns The North Face, Helly-Hansen, Canterbury and other brands in Japan, were ¥98,235 million ($845.4 mm), a 9% improvement ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.