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Article Date: October 2024
Word Count: 225

RevolutionRace Posts Strong Profit, Sales Growth


Net income was up 27% to SEK 308 million ($29.0 mm) over SEK 243 million at the Swedish outdoor apparel company for fiscal 2024 ended June 30 as net sales hit SEK 1,840 million ($173.0 mm), up 18% from SEK 1,560 million. Revenues benefitted from the DTC-exclusive company’s expanding reach, seeing DACH (Germany, Austria, Switzerland) grow 20% to SEK 1,036 million and Rest of World jump 24% to SEK 385 million. The home market was up 10% to SEK 200 million, helping boost total Nordic region results 8% to SEK 420 ... Log in to view full article.

 


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