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Article Date: August 2024
Word Count: 449

Asics Continues to Outperform, Growing 22% in Q2


Continuing its strong momentum from the first quarter, Asics’ net income jumped 82% to ¥15,482 million ($99.3 mm) from ¥8,486 million, as the top line increased 22% to ¥168,097 million ($1,078.2 mm) from ¥137,782 million, getting a big boost from the weak yen. Year-to-date, constant currency sales are up 9%. The results were in line with the company’s pre-announcement a month ago, in which it also raised full-year revenue guidance to ¥660,000 million, and earnings guidance to ¥58,000 million. North America is expected to account for ¥130,000 million of sales, up ... Log in to view full article.

 


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