February 05, 2021
Net income jumped nearly six-fold to ¥1,812 million ($17.3 mm) in the fiscal third quarter ended Dec. 31, up from ¥308 million the year before, on 9% higher revenues of ¥40,492 million ($387.6 mm) against ¥37,242 million.
Riding the running boom that began early in the year with gym closures and stay-at-home orders, Brooks revenues jumped 27% in 2020 to nearly $850 million.
Net income more than doubled to $19,847,000 in the fiscal first quarter ended Jan. 1 from $6,430,000 last year on 29% higher sales of $165,667,000 up from $128,054,000.
SCVL’s recovery from the pandemic continues to accelerate, as sales increased by 6% in the final quarter to $253.9 million from $239.9 million including a 6.4% gain in comp store sales, lapping a 3.2% positive comp last year.