Net income attributable to shareholders rose 162% to $65.8 million from $25.1 million in the third quarter, helped by a $35.3 million IEEPA tariff refund, as revenue increased 7% to $505.4 million from $470.3 million. Global wholesale led topline results, up 9%, as international strength was further bolstered by continued momentum in the U.S. Direct-to-consumer grew 2% to $109.1 million, led by the home U.S. market. Overall international results were up 12% to $271.2 million.

Active Group sales grew 10% to $387.8 million, with both Merrell and Saucony coming in ahead of ... Log in to view full article.