The Rip Curl, Kathmandu, and Oboz parent said that sales in the fiscal third quarter ended Apr. 26 grew by 5.2%, declining sequentially from the +7.3% result in FH1. Rip Curl, fresh off rejecting Stokehouse’s proposal to buy the brand, grew 4.0%, compared to the +4.6% in H1, while Kathmandu increased 12.0% (+12.3%), and Oboz was down 8.9% (+6.5%). Rip Curl and Kathmandu’s direct-to-consumer same-store sales for the year so far, including online, were up 8.9% and down 0.8%, respectively.

Rip Curl’s momentum softened following the onset of the Middle East conflict ... Log in to view full article.