March 29, 2018
Net income was $16,341,000 against a loss of $9,471,000 for the 14 weeks ended Mar. 3 as sales inched up 1% to $561,299,000 against $557,452,000 in Little Foot’s final report as an independent public company.
In a move to bolster its presence in the North American market, the parent of Fjäll Räven and other outdoor brands has acquired 100% of Royal Robbins.
Comprehensive net loss was flat at R$164,298,000 ($49,667,000 mm) against a loss of R$164,369,000 as the top line gained 9% to R$1,889,006,000 ($571,042,000) from R$1,739,540,000.
Kevin Plank made $2.2 million last year, down from the $8.6 million he earned in 2016, as a result of the company’s operating decline.