Net loss narrowed to $43,390,000 from $67,457,000 in the fiscal fourth quarter ended Mar. 31 on 1% lower sales of $1,171,161,000 against $1,180,583,000 that were down 4% constant currency, with strength overseas partially offsetting continued North American weakness. Wholesale channel sales dipped 3% to $747.7 million, while direct-to-consumer grew 5% to $405.7 million, mostly on strength from factory house outlet stores. Excluding transformation and restructuring charges, the adjusted net loss was $11.2 million, compared with a loss of $34.7 million.

Under Dog chief Kevin Plank called out progress made in the two ... Log in to view full article.