How About Sports Products And Sales In The Three Quarter?
Us sporting goods retailer Foot Locker third earned a net profit of US $80 million in the fiscal quarter, down from US $120 million in the same period last year.
Sales of Foot Locker increased by 3.6% to $1 billion 790 million over the same period last year.
The company's sales increased by 8.7% over the same quarter.
Sports Direct, the largest sporting goods retailer in the UK, announced its first half fiscal year results: the pre tax profit increased by 25% in the first half of the year.
The pre tax profit amounted to 187 million 300 thousand pounds (US $280 million 550 thousand) in the first 6 months of October 25th, up from 149 million 700 thousand pre tax profits in the same period last year, while revenue was flat at 1 billion 430 million last year.
JD Sports, the largest sports and fashion retailer in the UK, said that the company's revenue in the first half of this year has increased significantly due to its strong sports fashion performance.
In the first six months of August 1st, JD Sports grew by 21% to 809 million 900 thousand pounds, and 44 million 700 thousand pounds before tax, up 88% from 23 million 700 thousand a year earlier.
Athletic Wear
Nike Nike Inc's first quarter profit increased to $1 billion 180 million, compared with $962 million a year ago.
Operating income increased by 5% to US $8 billion 410 million.
But inventories rose 10% to $4 billion 400 million.
The US sports equipment brand Under Armour third quarter revenue increased 28% over the same period last year, mainly due to strong sales of clothing and footwear products.
In the fiscal quarter ending September 30th, Under Armour's revenue was $1 billion 200 million, an increase of 28% over the same period last year.
Net profit was $100 million 500 thousand, up from $89 million 100 thousand in the same period last year.
Adidas (Adidas) reported an increase of 13% in revenue in the third quarter, with a turnover of 4 billion 760 million euros after currency correction.
Season
Adidas
Sales of all brands increased significantly, but golf brand business was relatively weak.
Thanks to the strong demand for Adidas and Reebok brands, Adidas's net profit reached 311 million euros in the quarter, compared with 282 million euros in the same period last year, an increase of 10%.
German sports brand Puma (PUMA) said that although sales of all its product categories increased, the company's third quarter profit fell 30% year-on-year due to unfavorable exchange rates.
In the first 3 months of September, its net profit was 20 million euros ($21 million 700 thousand), down from 28 million 900 thousand euros a year earlier.
Sales increased by 3.1% to 914 million 400 thousand euros compared to the same period last year.
Sports goods
Retailer
The Dick's Sporting Goods third financial quarterly results show that the company's quarterly earnings and sales are below expectations.
In the first quarter of October 31st, Dix made a profit of $47 million 200 thousand, while Dixie revenue grew 7.6% to $1 billion 640 million in the same quarter.
Sales increased by 0.4% compared to a year earlier, and sales of the Golf Galaxy store fell 2.9% year-on-year, offset the 0.7% growth in sales of the same name sports store.
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