The Big a said that third-quarter revenues increased 9% (7% CC) to €7,252 million ($8,433 mm) and operating income jumped 37% to €1,008 million ($1,172 mm), boosted by a €200 million IEEPA tariff refund. The refund contributed to 250 basis points of gross margin expansion to 54.3%, supported by strong full-price sales, though ForEx was a headwind. Football, Running, and Training drove the top-line gains, CEO Bjørn Gulden said, benefiting from marketing ... Log in to view full article.
