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September 01, 2022 Lululemon Stays on Strong Course, No Change to Markdown Strategy
Net income rose 39% to $289,521,000 from $208,074,000 as total revenues increased 29% to $ 1,868,328,000 from $1,450,618,000. Soft Back-to-School at Journeys Hits Genesco
The bottom line slipped 30% in the second quarter to $7,643,000 from $10,937,000 as a 7% lower top line at Journeys helped pull total revenues down 4% to $535,332,000 from $555,183,000. Sportsman’s Warehouse Sees Durables Demand Drop
The bottom line dropped 18% in Q2 to $14,614,000 from $17,723,000 on sales that inched down 3% to $351,021,000 from $361,778,000, with same store sales off 9.4%, partially offset by the addition of 12 new stores in the past year. Tilly’s Results Fall on Tough Comparisons
Second quarter net income dropped 81% to $3,819,000 from $20,398,000 – lapping a near fourfold increase – on sales that were down 17% to $168,308,000 from $201,952,000. Symphony Holdings Swings to Loss in First Half
The bottom line swung to a loss of HK$ 3,045,000 ($.04 mm) in the first half from profit of HK$ 2,115,000 last year, as revenues slipped 3% to HK$ 135,383,000 ($17.2 mm) from HK$ 139,104,000. Clarus Sees Third Investor Amass Shares
The company revealed in a statement that investment firm, Parallax Volatility Advisers had acquired more than 5% of its outstanding shares, above the threshold that would trigger its shareholder rights agreement without approval of the board. Etcetera: New Balance, Designer Brands, Otis Technology, Venum, Climbr
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