Overview
- Second-quarter revenue rose 23.5% to $1.24 billion with adjusted EPS of 6 cents and net income of $18.2 million.
- Full-year 2025 guidance now calls for 20% to 21% revenue growth, gross margin of about 57.5%, and diluted EPS of 77 to 82 cents, with Q3 EPS guided to 20 to 22 cents.
- Management cited accelerating Salomon footwear and sustained Arc'teryx momentum, and plans 25 net new Arc'teryx stores globally, mostly in North America, alongside added Salomon locations in the U.S.
- Technical Apparel posted its slowest growth pace on record despite rising 25% year over year, with omni-comp sales up 15% versus the 19% analysts expected.
- Wilson president and CEO Joe Dudy will step down Aug. 31, and CFO Andrew Page will serve as interim leader of Wilson and the ball-and-racquet segment beginning Sept. 1.