Profits were flat in the first quarter at $42,248,000 against $42,300,000 as revenue inched up 1% to $778,452,000 from $769,982,000 and would have been 3% higher constant currency, led by growing sales in international markets that offset declines in North America. The top and bottom line results exceeded guidance, as wholesale drove the top line improvement, gaining 2% to $399.8 million with some help from late-season Fall ‘24 shipments due to cold weather. Direct-to-consumer was flat at $378.7 million, with 2% higher store comps offset by a 3% dip in digital.
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