Deckers (DECK.N), the parent of Hoka, reported better than expected first-quarter earnings on the strength of increased demand from China and Europe, the company announced on Thursday. Shares of the company surged 11 percent following the news and Deckers noted that its Hoka and UGG brands surpassed projections, as revenue soared to $965 million, ahead …
Puma (PMMAF) shares tumbled nearly 17 percent on Friday after the company reported that it will take a full-year loss in 2025, citing the impact of U.S. tariffs and weaker than forecasted quarterly sales. The sales decline was driven by the key markets as North America fell 9.1 percent, Europe was down 3.9 percent and …
Michael Johnson confirmed that financial issues impacted the inaugural season of Grand Slam Track from the start after an investor was apparently unable to meet their full obligation. In an interview with Front Office Sports released on Thursday, Johnson said the investor issue caused problems that would ultimately hinder the league. "We've had a very …
Runna launched in 2021 with a simple mission: to make personalized coaching more accessible, help everyday runners train better and blend human expertise with artificial intelligence-driven training plans. Just four years later, its early backers struck gold. In April, fitness and social-media behemoth Strava — now valued at $2.2 billion — acquired the London-based startup …