This company is a leading global sportswear brand that designs, develops, and markets a wide range of athletic footwear, apparel, and equipment. It is known for its innovative products, high-quality materials, and cutting-edge technology, catering to athletes and fitness enthusiasts across various sports and activities. The brand also emphasizes sustainability and community engagement, often collaborating with athletes, designers, and organizations to promote a healthy lifestyle and social responsibility. Through its extensive retail network and online platforms, the company aims to inspire and empower individuals to pursue their athletic goals. Read More
Sporting goods retailer Academy Sports & Outdoor (NASDAQ:ASO) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $1.35 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $6.12 billion at the midpoint. Its non-GAAP profit of $0.76 per share was 14.7% below analysts’ consensus estimates.
Expensive stocks often command premium valuations because the market thinks their business models are exceptional.
However, the downside is that high expectations are already baked into their prices, leaving little room for error if they stumble even slightly.
As the Q1 earnings season wraps, let’s dig into this quarter’s best and worst performers in the footwear industry, including Steven Madden (NASDAQ:SHOO) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how footwear stocks fared in Q1, starting with Genesco (NYSE:GCO).
Corporate America is experiencing a surge in layoffs as companies respond to economic pressures from President Donald Trump's tariff policies and artificial intelligence adoption reshaping workforce needs.
Amazon has cut fewer than 100 jobs in its books division, including at Goodreads and Kindle, as part of ongoing efforts to improve efficiency and streamline operations.
Sen. Bernie Sanders (I-VT) is putting fresh heat on one of the world's most recognisable brands, this time shedding light on the conditions faced by its workers, deep inside its globalised supply chains.
NIKE, Inc. (NYSE:NKE) announced today that Michael Gonda will become Executive Vice President and Chief Communications Officer of NIKE, Inc., effective July 7, 2025. In this role, Gonda will lead the global communications organization, overseeing all facets of the communications strategy, including storytelling, corporate and brand reputation, issues management, and employee engagement. As a member of the company’s Senior Leadership Team, Gonda will report to President and Chief Executive Officer Elliott Hill.
