Stella Sales Gain in Q1 on Fashion Athletic
Revenue at the footwear maker increased 6% in the first quarter to $312.6 million from $294.6 million, assisted by a 7% gain in its manufacturing business to $307.1 million on continued strong demand for fashion athletic footwear. Fashion footwear sales also were up, while orders for casual footwear styles were stable. Pairs were up 2% to 12.7 million and ASP also increased 4.3% to $24.20 per pair. The small ... Log in to view full article.