Preview - Please log in to view full article.

Article Date: April 2024
Word Count: 1102

Industry Profits Grew 10% in Q4, but Revenue Fell 2%

Plunging equipment and apparel sales pulled the top line down to $58,567.2 million from $59,509.8 million in the Holiday quarter at the 54 public companies we track, but better profits in the footwear and retail sectors boosted aggregate net income to $2,757.3 million from $2,507.0 million. Lower revenues were reported by 56% of companies, while 59% saw bottom line declines. Return on Sales was 4.7%, up from 4.2% in Q4, 2022, but down sequentially from 6.1% in Q3.


These are the results of our quarterly survey of global public companies that report ... Log in to view full article.


Already a subscriber?

User Name:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.