February 25, 2025 Amer Sports Expects Mid-Teens Growth in 2025
The Arc’teryx, Salomon, and Wilson parent turned a $17.1 million profit in the final quarter after last year’s $94.9 million loss as revenue increased 23% to $1,635.5 million from $1,327.5 million. Big 5’s Losses Mount in Final Quarter
Capping a very difficult year for the West Coast retailer, net loss more than doubled in Q4 to $20,881,000 from a loss of $8,852,000 as sales tumbled 8% to $181,619,000 from $196,350,000 with comps down 6.1%. Rocky Brands Profits Slip on Impairment Charge
A $4.0 million trademark impairment charge on Muck Boots pulled down net income in the fourth quarter to $4,801,000 from $6,712,000 a year ago on 2% higher sales of $128,054,000 compared to $125,952,000. Alpargatas Benefits after Inventory Rightsizing
The bottom line returned to BRL 2.1 million ($0.4 mm) in income for the fourth quarter after last year’s BRL 1.606.2 million in red ink on a huge goodwill impairment charge for Rothy’s and Ioasys, as sales gained 11% to BRL 1,122.4 million ($194.6 mm) over BRL 1,009.2 million. Head North America Sets Leadership Transition
Head N.A. elevated Jeff Bardsley to president and CEO of Head USA and Head Canada, effective July 1, succeeding Kevin Kempin, who is retiring after 32 years with the company. Crocs Faces More Shareholder Suits
The clogmaker was hit with two broadly similar shareholder class action suits—also naming CEO Andrew Rees, former CFO Anne Mehlman, current CFO Susan Healy, and several other directors—filed separately in CO district court.
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