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February 03, 2022


Skechers Finishes 2021 with Record Sales in Q4

Net income rocketed up nearly eightfold to $402,423,000 in the final quarter, helped by a $338 million tax benefit, from $53,281,000 last year, on revenues that were 24% higher at $1,647,881,000 against $1,324,711,000.

Hanesbrands Raises Full Potential Targets

Net income in the final quarter was $60,033,000 against a loss of $332,164,000 last year that included a huge inventory writedown, as revenues grew by 4% to $1,752,349,000 from $1,689,145,000.

Columbia’s Big DTC Gains Drive Supply Constrained Q4

Net income improved 64% to $156,961,000 in the fourth quarter from $95,756,000, on 23% higher revenues of $1,129,720,000 up from $915,623,000, boosted by a 33% gain in direct-to-consumer sales to $625.2 million, or 55% of the total.

Deckers Takes Profit Hit from Shipping Costs

Net income was 9% lower at $232,943,000 against $255,536,000 in the fiscal third quarter ended Dec. 31, despite 10% revenue growth to $1,187,752,000 from $1,077,759,000 in the seasonally important quarter for DECK.

Vista Outdoor Sees Strong Double-Digit Gains in Dec. Quarter

Net income grew 50% to $118,137,000 in the fiscal third quarter ended Dec. 26, from $78,879,000 the year before, on revenues that were up 38% to $794,654,000 from $574,679,000.

GoPro Returns to Profitability in 2021

Net income of $52,626,000 was up 19% over $44,413,000 on revenue that increased 9% to $391,149,000 from $357,772,000, driven by the launch of the latest flagship model, the Hero10 Black.

Woom Sets New Senior Leadership Team

The global children’s bicycle brand is elevating Woom USA founder Mathias Ihlenfeld to Global CEO, and Paul Fattinger to CFO.

Asics Ventures Invests in Real-Time Sports Analysis Applications

Asics’ investment subsidiary is taking an unspecified stake in startup Run. Edge. Limited, a provider of real-time sports video analysis, which include the applications Fl-ux, Pitchbase, and Taguru.

Alo Yoga Sues Italic

Yoga, health, and wellness brand Alo filed a complaint against low-priced competitor Italic in Cen. CA federal court, accusing it of false advertising, trademark infringement, and unfair competition.

Etcetera: Adidas, Reebok, ABG, Foot Locker, Garmin, Johnson Outdoors

 
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