Tag: earnings

Allbirds Shares Sink Following Further Guidance Cuts

Allbirds’ Wool Cruiser comes in 19 colors. Courtesy of Allbirds Shares for Allbirds sank nearly 10 percent in after-market trading on Thursday after the footwear company lowered its yearly guidance again following its latest earnings report. In the third quarter of fiscal 2025, the San Francisco-based company reported that net revenue decreased 23.3 percent to […]

Allbirds Stock Sinks as Company Lowers Yearly Guidance

Outside the Allbirds store in New York City’s Flatiron District. Eric Petschek Shares of Allbirds Inc. dropped over 16 percent in after-market trading on Thursday as the footwear company lowered its guidance for the year following its latest earnings report. In the second quarter of fiscal 2025, the San Francisco-based company reported that net revenue […]

Name Game: Shoe Carnival Is Converting More Stores to Shoe Station Banner

Shoe Carnival now plans to rebanner 80 percent of its Shoe Carnival stores to Shoe Station doors by March 2027. Courtesy of Shoe Carnival First quarter net sales and net income were down at Shoe Carnival Inc., but its stock rose in pre-market trading after the company reaffirmed its full-year guidance and said it will […]

Shares of Hoka, Ugg Parent Company Deckers Brands Sink on Trump Tariff Uncertainty

Hoka’s Mach X 2 Courtesy of Hoka Shares for Hoka and Ugg parent company Deckers Brands sank nearly 14 percent in after-market trading on Thursday after the footwear maker issued first quarter guidance below expectations due to uncertainty around Trump’s tariffs. In the fourth quarter of fiscal 2025, the company reported a net sales increase […]

Birkenstock’s Not Worried About Tariffs – Here’s Why

A look inside the Birkenstock store in North Rhine-Westphalia, Cologne. Rolf Vennenbernd/picture alliance via Getty Images While other brands may be scrambling to figure out how to deal with tariffs, Birkenstock Holding plc has little to worry about on that front. “Birkenstock is less exposed to tariffs with 100 percent of our production and 96 […]

Asics Saw ‘Significant Growth’ in Sportstyle, Performance Running Sneakers in Q1

The Asics NovaBlast 5 sneaker saw significant demand in the first quarter. RAW Productions – Joop Groen Asics Corp. is starting off fiscal 2025 touting its success in growing in both performance running and sportstyle categories across the world. According to the Japanese sportswear company, net sales in the first quarter of 2025 were 208.3 […]

Allbirds Expects to ‘Deliver Topline Momentum’ in the Second Half After Beating Q1 Revenue Expectations

Outside the Allbirds store in New York City’s Flatiron District. Eric Petschek Allbirds chief executive officer Joe Vernachio is confident that company is delivering on its turnaround plans as the shoe brand reports its latest earnings. In the first quarter of fiscal 2025, the San Francisco-based company reported that net revenue decreased 18.3 percent to […]

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