Crocs’ Q1 Earnings Soar

Crocs Inc. reported earnings rose 73.6 percent in the first quarter as sales improved 5.7 percent and operating expenses were reduced. Results topped Wall Street’s targets.

Iconix Finds Starter, Umbro Resets Gaining Traction

Iconix Brand Group Inc. reported net earnings again eroded in the first quarter on a 17 percent revenue decline. But results were in line with expectations and Iconix’s management said they’re making progress realigning the company’s brand relationships, including Umbro’s with Target and Starter’s with Amazon.

Nautilus Delivers Flat Earnings In Q1

Nautilus Inc. reported essentially flat earnings as a modest sales gain was offset by a 320 basis point drop in gross margins. Margins were impacted by a reduction in Direct gross margins, coupled with a shift in segment revenue mix from Direct to Retail.

Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue

Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.

Delta Apparel Notches Slight Earnings Gain In Q2

Delta Apparel Inc. reported net earnings increased slightly in its second quarter ended March 31 on a 2 percent revenue gain. Gross margins in its branded segment and DTG2Go business offset the impact of higher raw materials on its activewear business.