Alpen Momentum Picks Up as Cold Weather Hits
Net income nearly quadrupled to ¥3,695 million ($24.2 mm) from ¥945 million for the fiscal first half ended Dec. 31 on revenues that gained 7% to ¥130,402 million ($855.7 mm) from ¥122,401,000. Golf slipped 1% to ¥45,345 million as the category laps new club introductions, partially offset by continued growth in used clubs and in shoes. Sports Lifestyle posted 9% growth to ¥30,389 million as early softness rebounded when cold weather apparel and gear sales picked up, along with strength in shoes throughout the period. General Sports was up 15% to ... Log in to view full article.