December 10, 2024 Academy Sports Tempers Guidance but Touts Nike Expansion
Net income slipped by a third in Q3 to $65,763,000 from $99,978,000 on 4% lower revenues of $1,343,330,000 against $1,397,777,000, as contributions from 16 new stores opened this year could not overcome a 4.9% drop in comp store sales. Designer Brands Faces Weather Headwinds in Q3
Net income was up 30% to $13,214,000 over $10,205,000, but revenues slipped 1% to $777,194,000 from $786,329,000 for the third quarter, with consolidated comps down 3.1% on unseasonable weather and macro pressures offsetting continued athletic strength. Sportsman’s Warehouse Improves Sequentially
Net loss narrowed to $364,000 in the third quarter from a loss of $1,331,000 last year, on 5% lower sales of $324,261,000 compared to $340,569,000, a better-than-expected top line result that included a -5.7% comp. Johnson Outdoors Finishes FY24 in the Red
Net loss widened 114% to $34,266,000 from a loss of $16,007,000 in the fiscal fourth quarter ended Sep. 27 on sales that were up 10% to $105,874,000 from $96,345,000, with the bottom line dinged by a $11.2 million non-cash goodwill impairment charge in the fishing category. Vail Resorts’ Sales Lag in Q1
MTN’s retail and rental revenue declined 12% to $29,526,000 in the historically slow fiscal first quarter ended Oct. 31 from $33,474,000. Yue Yuen Up, Pou Sheng Down in November
YY's manufacturing revenues grew 17% in Nov. to an implied $511,161,000 from $438,385,000, while total revenues improved 8% at the Chinese footwear maker and retailer to $681,495,000 for the month. NRF Forecasts Surge to Beat Strike and Tariffs
Retail imports at U.S. container ports increased 9% in Oct. to 2.25 million Twenty-Foot Equivalent Units, according to the NRF and Hackett Associates' Global Port Tracker, and ports are expected to see a surge through next spring. Etcetera: Halfdays, United Wheels, Big Agnes, Puma
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