February 13, 2024 Topgolf Callaway Loss Expands in Q4
Net loss in the fourth quarter was $77.1 million against a loss of $72.7 million prior, on a 5% improvement in total revenues to $897.1 million from $851.3 million that included growth from Topgolf, golf equipment and apparel. Shimano Ends 2023 with a Whimper, Guides Lower for 2024
Net income plunged 93% in the final quarter to ¥973 million ($6.6 mm) from ¥14,692 million prior, as total sales tumbled 39% to ¥99,098 million ($670.5 mm) from ¥161,244 million with both bike and fishing sales lower. Brooks Running Grew 5% Last Year
Sales momentum continued at the Berkshire-Hathaway-owned brand with 5% growth to $1.2 billion on a unit record of 20 million-plus sold, building on a 6% gain last year over a huge 31% boost in 2021 coming out of the pandemic. Asics North America Sets Sales Record in 2023
The Japanese sportswear brand’s North American business unit grew both top and bottom lines last year, boasting sales gains from wholesale partners and digital marketplaces across the U.S., Canada and Mexico.
Revenues at the Swedish outdoor company’s brands division, which includes Fjällräven, Royal Robbins, Brunton and other brands, declined 15% to €47.3 million ($50.9 mm) in Q4 from €55.4 million. Xebio Profits Slide Year-to-Date
The multi-banner Japanese retailer’s net income was down 38% in the first nine months of its fiscal year to ¥3,246 million ($22.0 mm) from ¥5,220 million on sales that inched up 1% to ¥182,146 million ($1,232.4 mm) from ¥180,364 million. Tiger Woods Hits the Links with TaylorMade
Confirming recent rumors, Tiger Woods announced that he is partnering with TaylorMade to launch a new apparel brand, Sun Day Red, a month after his 27-year run with Nike ended.
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