Net income more than doubled in the first quarter to CHF 91.4 million ($105.1 mm) from CHF 44.4 million, and revenues jumped 21% to CHF 508.2 million ($584.1 mm) from CHF 420.2 million on a reported basis, but the mighty Swiss franc distorted results both above and below the line.

A big first quarter from Acushnet bolstered Fila’s top and bottom lines, including a 4% increase in net income to KRW 123,330 million ($92.8 mm) from KRW 118,257 million, and 7% higher sales of KRW 1,182,623 million ($889.9 mm) up from KRW 1,108,599 million.

Net income bounced back to BRL 37,888,000 ($7.7 mm) from BRL 1,512,000 on revenue that expanded by 2% to BRL 1,495,219,000 ($305.3 mm) over BRL 1,472,122,000 for the first quarter, after backing out inter-group eliminations.

Descente’s net income spiked nearly tenfold in the final fiscal quarter ended Mar. 31 to ¥3,670 million ($24.7 mm) against ¥378 million a year ago, as revenues climbed 7% to ¥36,889 million ($248.7 mm) from ¥34,515 million.

A CA district court has dismissed a proposed class action shareholder suit that claimed BIRD made false and misleading statements in its Nov. 2021 prospectus and SEC registration statement which hid structural flaws in its business.