Plunging equipment and apparel sales pulled the top line down to $58,567.2 million from $59,509.8 million in the Holiday quarter at the 54 public companies we track, but better profits in the footwear and retail sectors boosted aggregate net income to $2,757.3 million from $2,507.0 million. Lower revenues were reported by 56% of companies, while 59% saw bottom line declines. Return on Sales was 4.7%, up from 4.2% in Q4, 2022, but down sequentially from 6.1% in Q3.

These are the results of our quarterly survey of global public companies that report ... Log in to view full article.