September 04, 2025 Lululemon Will Ramp Up Newness, Continue Navigating Tariff Landscape
A softer U.S. market for apparel, ongoing tariff impacts, and product staleness in its lounge and social offerings all negatively impacted Q2 results at Lululemon, which fell short of its revenue guidance for the period despite exceeding its EPS guidance. Caleres Profits Tumble as Tariffs Hit Margins
Net earnings attributable to shareholders declined 78% to $6,713,000 from $29,958,000 on sales that were down 4% to $658,519,000 from $683,317,000 for the second quarter, with both Famous Footwear and Brand Portfolio segments dropping. Sportsman’s Warehouse Comps Higher Again in Q2
The outdoor retailer’s net loss expanded by 20% in the second quarter to $7,083,000, from a loss of $5,906,000, as revenues inched up 2% to $293,899,000 from $288,734,000, with comparable store sales gaining 2.1%. Shoe Carnival Moves Ahead on Shoe Station Conversions
Net income declined 15% to $19,225,000 from $22,573,000 for the second quarter on sales of $306,388,000, down 8% from $332,696,000, including a 7.5% companywide comp. Zumiez Guides for Return to Full-Year Profit
Net loss widened 18% to $1,002,000 from $847,000 on sales that improved 2% to $214,275,000 from $210,179,000 for the second quarter, with comps up 2.5%, lapping a 3.6% increase. Dick’s Sees Path to Foot Locker Turnaround
Dick’s management expanded on its plans for Foot Locker after the acquisition closes on Sep. 8, in a roundtable discussion at the Goldman Sachs investor conference. Smith & Wesson Guides for Slowing Sales
The red ink deepened to a loss of $3,411,000 in the fiscal first quarter ended July 31 from a loss of $1,855,000 last year, on 4% lower sales of $85,077,000, down from $88,334,000 in a seasonally slow period. American Outdoor Brands Hit by Order Timing
Suffering from erratic orders from retailers and the aftereffect of FQ4’s tariff-driven pull-forward, AOUT’s net loss nearly tripled to $6,829,000 from a loss of $2,365,000 as revenues plummeted 29% to $29,702,000 from $41,643,000 in the first quarter ended July 31.
The Rip Curl, Kathmandu, and Oboz parent unveiled its “Next Level” strategy for FY’ 26-28 at its 2025 investor day, aiming to align each brand with consumer, product, and store format in every region under new CEO Brent Scrimshaw. Golden Goose Sales Gains Driven by DTC
The luxury sneaker brand’s adjusted EBITDA increased 3% in the first half to €113 million ($128.4 mm) on 13% higher sales of €342.1 million ($388.8 mm), driven by direct-to-consumer sales, which rose 19% year-over-year. Converse Apparel Ahead of Schedule, G-III Says
Nike’s Converse apparel licensee G-III Apparel said that the initial collection rollout is rapidly scaling both in the U.S. and internationally, with product just hitting stores now. Lifelabs Parent Scores Pre-A Funding Round
YiLab Temperature Control Technologies, which develops thermoregulating fabric, said that it closed a pre-A funding round, bringing total funding to more than $10 million. Joola Volleys another Suit at USAP
After recently settling a class action suit brought by customers, Sport Squad (dba Joola) is once again suing the Pickleball governing body in MD district court, accusing it of breach of contract, negligent misrepresentation, and fraud and asking for $100 million in damages.
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