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Article Date: August 2024
Word Count: 451

On Running’s Sales Accelerate in Q2


Net income bounced back to CHF 30.8 million ($34.2 mm) from CHF 3.3 million for the second quarter as the company lapped major ForEx headwinds, with the top line gaining 28% to CHF 567.7 million ($630.1 mm) from CHF 444.3 million. Wholesale was up 28% to CHF 358.2 million on the current strategy of driving comps and share at existing partners, along with some incremental door expansion. DTC was also 28% higher to CHF 209.4 million on from growing traffic and transactions, both in e-commerce and existing retail stores. E-commerce performed ... Log in to view full article.

 


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