Golden Goose Sales Jump 17% in Q3
The Italian luxury sneaker maker reached €203.0 million ($233.3 mm) in Q3 revenues, up 17% from €173.5 million a year ago, led by a 21% increase in direct-to-consumer sales, which now represent 82% of total revenue. Adjusted EBITDA margin expanded to 35.2% from 34.7%, implying a 19% increase year-over-year. Q3 gross margin expanded 100 basis points to 77.7%. ... Log in to view full article.
