Stella Sales Grow in Q3 on Fashion Athletic Trend
Total revenues increased 4% to $471.3 million in the third quarter from $452.4 million last year at the footwear maker driven by strong orders for fashion athletic footwear and stabilization of demand for casual footwear. Manufacturing revenue was 3% higher at $455.2 million as pairs increased 6% to 16.1 million while ASP slipped 3% to $28.30 per pair due to changes in product mix. The small ... Log in to view full article.