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Article Date: May 2024
Word Count: 145

Fenix Outdoor Sales Slip in Q1

Branded segment revenues at the Swedish outdoor company from Fjällräven, Royal Robbins, Brunton and other brands declined by 15% in the first quarter to €45.2 million ($49.1 mm) from €53.1 million. Coming into the quarter, order books were lower than last year, as wholesale customers are still working down excess inventory. Operating income dropped 27% to €12.9 million ($14.0 mm) from €17.6 million. Sales ... Log in to view full article.


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