June 10, 2025 Academy Sports Widens Outlook on Tariff Risks
Net income tumbled 40% in the first quarter to $46,084,000 from $76,465,000 a year ago, on revenues that inched down 1% to $1,351,409,000 from $1,364,220,000 as new stores partially offset a -3.7% comp. Designer Brands Pulls Guidance after Q1 Sales Drop
Net results attributable to DBI swung to a $17,424,000 loss from last year’s $783,000 profit in the first quarter as sales declined 8% to $686,909,000 from $746,596,000, with stores comping down 7.8% as turnaround progress faced softening consumer sentiment. Yue Yuen Manufacturing Even, but Retail Lags
Yue Yuen’s footwear manufacturing revenue was flat in May to an implied $502,937,000 from $503,842,000 last year, while total revenues at the Chinese footwear maker and retailer ticked down 1% to $711,425,000 for the month. Hyper Ice Sues Lifepro Fitness for Breach of Contract
Hyper Ice and its subsidiary Hyperice IP Subco filed suit in CA district court accusing Lifepro Fitness of failing to make royalty payments. Etcetera: Authentic Brands Group
|