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Foot Locker, Genesco and Shoe Carnival said the back-to-school season has started off with a bang.
The improving Journeys business drove strong sales trends in Q2.
https://footwearnews.com/business/earnings/genesco-earnings-q2-journeys-back-to-school-1203683984/
The company saw net sales in the second quarter of $332.7 million, increasing 12.9 percent from $294.6 million during the same time last year.
Chief executive officer Lauren Hobart said the retailer's strong results were driven by growth in average ticket and transactions in Q2.
https://footwearnews.com/business/earnings/dicks-sporting-goods-q2-earnings-outlook-1203682935/
Foot Locker said this week it would shut down its stores and e-commerce operations in South Korea, Denmark, Norway and Sweden.
Shares of Birkenstock closed down about 16 percent.
Revenue increased 19 percent in the third quarter to 565 million euros, up from 473 million in the same time last year.
https://footwearnews.com/business/earnings/birkenstock-birk-q3-2024-earnings-stock-dips-1203681631/
CEO Mary Dillon said the retailer's Lace Up plan is right on track.
This sentiment follows JD’s announcement earlier this month that it has expanded its relationship with Nike.
https://footwearnews.com/business/earnings/jd-sports-q2-2025-earnings-nike-north-america-1203679365/
Net sales at Stuart Weitzman declined 19 percent in the fourth quarter of 2024 to $50.6 million.
https://footwearnews.com/business/earnings/stuart-weitzman-earnings-challenged-q4-2024-1203677181/