Net income attributable to shareholders dipped 3% last year to $381,082,000 from $392,415,000 as revenues declined 2% to $8,031,354,000 from $8,182,161,000 as retail weakness more than offset manufacturing revenues. Despite tariffs and macro pressures, footwear production demand in Southeast Asian facilities continued to build through 2025. The manufacturing segment, which counts Nike, Adidas, Asics, New Balance, and Salomon among its customers, inched up 0.5% to $5,648.3 million. Athletic and outdoor shoes were up 1% to $4,435.0 million, and casual shoes and sports sandals increased 13% to $861.6 million. Soles, components, and ... Log in to view full article.