RevolutionRace Delivers Growth in December Quarter
Profits at the Swedish outdoor apparel specialist increased 12% to SEK 140 million ($14.8 mm) from SEK 125 million in the fiscal second quarter ended Dec. 31, as revenues climbed 6% to SEK 726 million ($76.7 mm) from SEK 684 million. The krona’s strength weighed on sales, which increased by 11% on a constant-currency basis. Gross margin slipped 60 basis points to 69.7%, while operating expenses were held flat, leveraging ... Log in to view full article.
