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Article Date: February 2026
Word Count: 188

Globe’s Profits Hurt by U.S. Tariffs in First Half


The bottom line declined 28% to A$3,418,000 ($2.2 mm) for the fiscal first half ended Dec. 31, from A$4,759,000 prior, on revenue that ticked up 3% to A$98,206,000 ($63.4 mm) from A$95,291,000. The first half of the year was affected by increased tariffs; however, they have been absorbed and are not expected to impact performance going forward. Core and emerging brands performed strongly, contributing the lion’s share of the top line, with solid momentum across all regions for core brands Salty Crew, FXD, and Globe ... Log in to view full article.

 


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