Shares for Boot Barn were down nearly 6 points in after-market trading on Thursday despite the Western retailer reporting revenue that topped estimates. According to the Irvine, Calif.-based footwear company, net sales in the third quarter of fiscal 2025 increased 6.9 percent to $608.2 million, up from $520.4 million in the prior-year period. Net income […]
Continue ReadingDeckers’ star brands Hoka and Ugg delivered yet another quarter of record earnings. The Goleta, Calif.-based footwear company reported net sales in the third quarter of fiscal 2025 increased 17.1 percent to $1.827 billion compared to $1.560 billion the same time last year. Net income in the period was $456.7 million, up from $389.9 million […]
Continue ReadingDr. Martens’ newly minted chief executive officer Ije Nwokorie said the company has “made good progress” in its objective of turning around its U.S. performance. The news comes in tandem with the UK footwear brand’s third quarter trading update on Monday. According to Dr. Martens, group revenue rose 3 percent on a constant currency basis […]
Continue ReadingPuma is implementing a cost savings plan after reporting lower than expected fourth-quarter sales and a drop in annual profit in its latest preliminary results. On Wednesday, the German athletic company reported that currency adjusted sales in Q4 of 2024 grew 9.8 percent to 2.29 billion euros, while full year sales were up 4.4 percent […]
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