Goldwin Raises Guidance after Solid H1
Comprehensive net income nearly tripled to ¥2,445 million ($22.8 mm) from ¥853 million in the fiscal first half ended Sep. 30 on 23% higher sales of ¥41,168 million ($383.6 mm), up from ¥33,405 million. Net income excluding comprehensive items was up 130% to ¥3,597 million. Gross margin expanded 200 basis points to 52.3%, while SG&A leveraged 220 b.p. on the higher top line. The North Face continued to perform ... Log in to view full article.