Results for "amer"

American Outdoor Brands’ sales in the first quarter ending July 31 dropped 28.1 percent, to $43.7 million. Gains in its direct-to-consumer e-commerce sales were more than offset by weakness in wholesale sales due in large part to bloated inventories in the marketplace that particularly impacted the shooting sports category.

On’s second-quarter results arrived far ahead of Wall Street’s targets as the Swiss running brand was able to overcome supply chain challenges and capitalize on particularly strong demand in North America. On raised its outlook for the year. Caspar Coppetti, executive co-chairman, said, ““All geographies, channels and categories contributed strongly to this outstanding result.”

Asics reported an operational loss in its North America segment in the six months due to reduced gross margins as well as higher operating expenses tied to higher e-commerce sales. Sales declined 2.7 percent on a currency-neutral basis, impacted by supply chain disruption.

Puma reported stronger than expected second-quarter results as healthy double-digit growth in the Americas and the EMEA region offset weakness in China. Puma raised its sales guidance for the year but maintained its EPS outlook due to potential margin pressures.