Preview - Please log in to view full article.

Article Date: May 2017
Word Count: 239

Asics Net Flat on Modest Sales Decline


Net income was ¥9,328 million ($82.7 mm) compared to ¥9,362 million for the first quarter ended Mar. 31 on a 4% decline in sales to ¥117,769 million ($1,044.2 mm) compared to ¥113,052 million with declines in its three biggest markets, Japan, the Americas and EMEA, as technical running shoe sales continued to struggle. Sales in the Americas were down 5% to ¥29,857 million ($367.4 mm) while Japan declined 3% to ¥35,396 million and EMEA dipped 13% to ¥27,699 million. Asics said sluggish sales of running and lifestyle shoes in the U.S. failed to offset strong sales of running shoes in ... Log in to view full article.

 


Already a subscriber?

User Name:  

Password:  


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.