Tag: earnings

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 […]

Brooks Sees Double-Digit Revenue Growth Across All Regions in Q1 as Running Shoes Remain Hot

Courtesy of Brooks Running Brooks ended the first quarter of 2025 by setting a new record. The Seattle-based performance running brand said it achieved an all-time quarterly high in revenue in Q1, with all regions contributing double-digit growth or better, leading to 15 percent year-over-year global revenue growth. (Brooks does not disclose specific revenue numbers.) […]

Athleisure Plays Bigger Role in Assortment Mix at Designer Brands

Designer Brands Inc. plans to grow its private label category, which is currently sold at its DSW banner. Bruce Bennett/Getty Images Designer Brands Inc. has its eyes on product, product and more product. The company is leaning more into athleisure as part of some anticipated changes to its assortment mix. And its eyeing private label […]

Merrell Makes Gains in Q4 But Shares for Wolverine Worldwide Dip After Soft 2025 Guidance

The new Merrell SpeedARC Surge Boa sneaker. Courtesy of Merrell Shares for Wolverine Worldwide dropped nearly 17 percent by the closing bell on Wednesday following the company’s full year results and 2025 outlook. The Rockford, Mich.-based footwear company said total revenue in the fourth quarter of 2024 was $494.7 million, down 6.1 percent from $526.7 […]

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