August 09, 2018 Adidas Net Climbs on Strength in North America, China and E-Commerce
Net income soared 151% to €396 million ($472 mm) from €158 million for the second quarter ended Jun. 30 as sales rose 4% to €5,261 million ($6,271 mm) from €5,038 million that would have been up 10% currency neutral. Vista Outdoor Has Loss Against Profit in Q2
Swallowing a $44.9 million impairment charge on the sale of its eyewear businesses, Vista Outdoor had a loss of $52,348,000 against income of $16,652,000 for the first quarter ended Jul. 1 as sales declined 7% to $528,836,000 from $568,749,000. Mizuno Sales, Profits Slip in FQ1
Comprehensive net income slipped 25% to ¥384 million ($3.5 mm) from ¥511 million in the fiscal first quarter ended Jun. 30 on a 7% sales decline to ¥42,750 million ($391.8 mm) from ¥45,937 million. Canadian Tire Sports Business Falters in Q2
FGL Sports revenue declined 2% to C$441.2 million ($341.8 mm) from C$449.6 million in the second quarter and comp store sales dipped 0.3% against a positive 2.6% comp last year. Canada Goose Loss Expands Despite Surging Sales
Comprehensive net loss was C$19.0 million ($14.7 mm) against a loss of C$12.0 million in the high-end outerwear maker’s small fiscal first quarter ended Jun. 30, but revenues jumped 59% to C$44.7 million ($34.6 mm) from C$28.2 million. NCAA Requires Coaches to Disclose Sneaker Payments
The organization’s Commission on College Basketball voted to require all athletic department staff to provide a written account of income and benefits in excess of $600 received from sources outside the institution. Zumiez Sales Accelerate in July
Total sales jumped 23% to $83.0 million in the four weeks ended Aug. 4, compared to $67.5 million last year, on a 9.1% positive comp lapping an increase of 5.1% in 2017. Etcetera: NSSF, Darn Tough Vermont
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