Results for "amer"

Under Armour Inc. reported better-than-expected second-quarter results and significantly raised its full-year guidance. Broad-based sales growth and healthier full-price selling were seen across categories and regions led by North America. CEO Patrik Frisk highlighted Under Armour’s ability to drive “higher quality growth” with gross margins improving better-than-expected and overall profitability surpassing pre-pandemic 2019 levels.

In his quarterly note to shareholders, Martin Nordin, CEO of Fjällräven’s parent Fenix Outdoor International said the company saw continuing improvement in the second quarter in North America, especially with its direct-to-consumer segment sales nearly back to 2019 levels. However, weakness in Kanken backpacks continues to hold back a more meaningful recovery. 

American Outdoor Brands Inc. reported strong fourth-quarter results and predicted organic sales would grow at a CAGR of between 8 percent and 10 percent over the next four to five years due to heightened demand for “outdoor adventures” stemming from the pandemic. Brian Murphy, president and CEO, told analysts, “We believe the past year has ushered in an exciting new era for the outdoor industry.”

American Outdoor Brands Inc. reported significant improvement in earnings in the fiscal fourth quarter ended April 30 as sales surged 49.6 percent. Revenues in the full year rose 65.3 percent.