The Big Cat continued to suffer from unfavorable foreign exchange impacts, as net income in the first quarter slipped 26% to €87.3 million ($94.9 mm) from €117.3 million, on 4% lower revenues of €2,102.3 million ($2,285.1 mm) down from €2,187.7 million.

Net income in the final fiscal quarter ended Mar. 31 was $40,168,000, lapping a $294,335,000 loss last year that included a $374.4 million impairment charge, as revenues declined 6% to $693,669,000 from $740,742,000.

In a self-proclaimed transition year, Wolverine Worldwide is beginning to witness proof points that it hopes signal an ongoing turnaround for the Saucony, Merrell and Sweaty Betty parent.

Net income was just $6.5 million in the first quarter, down nearly three quarters from $25.0 million last year, on combined revenues that inched 2% lower to $1,144.2 million from $1,167.4 million.

Net loss declined 22% to $27,331,000 from a loss of $35,166,000 on sales that were down 28% to $39,327,000 from $54,352,000 for the first quarter due to lower demand, the ongoing international distributor transitions and retail store closures.

Net loss widened to $36,300,000 from a loss of $6,998,000 on a revenue drop of 28% to $78,936,000 from $110,335,000 for fiscal Q2 as the embattled Delta Group was off 31% to $63.4 million while Salt Life declined 18% to $15.5 million.

Net income gained 6% to BRL 88,762,000 ($17.9 mm) from BRL 83,630,000 in the first quarter as revenue increased 5% to BRL 597,267,000 ($120.6 mm) from BRL 571,118,000.

Rebel Sport same store sales slipped 2% for the 17-week period ending Apr. 30, while SRG’s outdoor banners BCF and Macpac were mixed, comping down 5% and up 3%, respectively, as inflation and interest rates are weighing down consumers despite improved foot traffic.

Simon Property Group, the largest U.S. mall owner, is selling its remaining 10% stake in Authentic Brands Group for a reported $1.2 billion.

PTON has agreed to pay a total of $13,950,000 in cash to settle a May 2021 shareholder suit filed in E. NY federal court that alleged the company’s management misled investors on quarterly filings and conference calls by failing to disclose Tread+ safety issues.