On Running reported $237.3 million in first-quarter revenue, beating analysts’ estimates of $167.8 million.
Allbirds reported a 26% year-over-year increase first-quarter revenue to $62.8 million and a gross profit of $32.6 million.
New Era Cap Co. CEO Chris Koch was charged with felony after he allegedly tried to run over his girlfriend’s ex-husband on Saturday.
In its Q4 earnings report, Hibbett reported net income of $17.7 million, down from $23.9 million during the same period in 2021.
Under Armour reported a 9% increase in fourth-quarter revenue to $1.53 billion, beating analysts’ estimates of $1.47 billion.
Peloton reduced its fiscal year guidance on apparel sales from $200 million to $150 million. It also released a heart-rate-monitoring armband.
An investment fund owning 5.1% of Skechers proposed the sneaker company engage in an aggressive share buyback program.
Nike saw factory production in Vietnam increase as facilities reopened and workers returned. The company is investing further in Vietnam.
Under Armour posted third-quarter earnings on Tuesday, recording an 8% year-over-year revenue increase to $1.55 billion.
Nike posted $12.2 billion in revenues for the fiscal quarter ending August 31, a 12% year-over-year increase.
