Overview
- Second-quarter revenue rose 23.5% to $1.24 billion with net income of $18.2 million, reversing a loss a year ago.
- Full-year 2025 guidance now calls for 20% to 21% revenue growth and $0.77 to $0.82 in diluted EPS, with Q3 projected at roughly 20% revenue growth and $0.20 to $0.22 EPS.
- Technical Apparel sales increased 25% in Q2, marking the slowest growth on record, as omni-comp growth of 15% missed the 19% Wall Street expected.
- Updated forecasts assume a 30% incremental U.S. tariff on China goods remains through 2025, with management citing mitigation measures to limit impact.
- Wilson CEO Joe Dudy will step down Aug. 31 with CFO Andrew Page serving as interim leader, and shares fell about 4% in premarket trading after initially edging higher.