March 29, 2022 Lululemon Topped $6 Billion in Sales Last Year
Net income grew by 32% in the fourth quarter to $434,504,000 from $329,837,000 on a 23% increase in revenues to $2,129,113,000 against $1,729,550,000, including a +22% comp consisting of +32% in stores and +16% from DTC e-commerce. Academy Sports Sees Slower 2022 after Record Year
Net income increased 55% in the final quarter ended Jan. 29 to $141,770,000 from $91,522,000 on 13% higher revenues of $1,808,470,000 up from $1,597,436,000, including a 13.1% improvement in same store sales, lapping a +16.1% comp last year. Sportsman’s Warehouse Net Gains on Merger Penalty
Net income gained 98% to $58,434,000 over $29,567,000 on revenues that dropped 5% to $416,288,000 from $438,195,000, falling mostly on lower firearms and ammunition sales compared to the prior year. Solo Brands’ Posts Huge 2021 Growth
The bottom line swung to $12,413,000 in income from last year’s loss of $45,678,000 on a 164% jump in revenues to $176,468,000 from $66,836,000, including 162% higher DTC revenues to $164.2 million, and 197% growth from wholesale to $12.3 million. Delta Apparel and Fanatics Team Up
Delta Apparel and Fanatics have partnered to install a new digital direct-to-garment printing technology in four of DLA’s DTG2Go production facilities, which they say will allow custom orders to be printed and shipped within 24 hours of a customer order. Wicked North Gear Acquires Big 8 Products
The Hudson, WI-based hunting brand has acquired DIY taxidermy manufacturer Big 8 Products for undisclosed terms, adding to its existing line of hunting and lifestyle products.
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