February 13, 2025 Crocs Outperforms in Q4, Sees Minimal Tariff Impact in 2025
Net income in the final quarter was up 5% to $368,909,000 from $253,586,000 on 3% revenue growth to $989,773,000 over $960,097,000 boosted by international strength in the Crocs brand and green shoots emerging for Heydude. Yeti Guides for Better 2025 Profits After Recall
Net income tumbled 32% in the final quarter to $53,154,000 from $78,593,000 despite sales that were up 5% to $546,540,000 over $519,793,000 and would have been up 7% backing out recall reserves. SportChek Ends 2024 Flattish, but Helly-Hansen Grows Double Digits
Canadian Tire’s sporting goods banners inched down 1% to C$546.8 million ($390.6 mm) in Q4 revenue from C$552.2 million a year ago, but comps increased 0.4%.
The luxury apparel brand’s top- and bottom-lines grew by just mid-single digits last year, down from their historic double-digit pace, as profits increased 5% to €639,596,000 ($695.2 mm) from €611,931,000 on 4% (+7% CC) higher sales of €3,108,924,000 ($3,379.3 mm) compared to €2,984,217,000. Globeride Profits Up on Stagnant Sales
The Daiwa fishing and golf parent company saw net income improve 14% to ¥1,285 million ($8.4 mm) from ¥1,124 million in the fiscal third quarter ended Dec. 31, as revenues inched up 1% to ¥29,008 million ($190.3 mm) from ¥28,612 million. Zett Profit Soars in Dec. Quarter
Net income jumped almost twenty-fold in the Japanese distributor and equipment maker’s fiscal third quarter ended Dec. 31, to ¥2,102 million ($13.8 mm), benefitting from a ¥2,952 million gain on sales of investment securities, up from ¥108 million, on revenues that improved 7% to ¥12,713 million ($83.4 mm) from ¥11,890 million. CPSC Recalls: Air Pistols, Rolling Coolers, Climbing Ropes
Umarex USA is recalling about 26,500 T4E TR50 .50 caliber air pistols because the CO2 cartridge can be unintentionally ejected with force from the handle. Etcetera: ABG, GoPro, Fleet Feet, Hawke Optics, Richardson, New Balance, Skechers
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