Overview

• Adjusted earnings were $1.26 per share versus the $1.18 estimate, while revenue of $403.14 million missed the $410.85 million consensus.
• The company raised its fiscal 2025 EPS guidance above Wall Street forecasts following the quarter.
• Shares jumped after the release, up 12.7% to $45.55 in late trading and about 15% premarket to $46.52.
• CEO Tom Chubb said diversified sourcing, earlier inventory receipts and carefully calibrated pricing supported margins in a volatile trade and tariff backdrop.
• Sales softened across channels: full-price direct-to-consumer fell 4% to $292 million, retail declined 6% to $143 million, e-commerce dipped 2% to $150 million, wholesale slid 6% to $61 million, outlet eased 4% to $20 million, and food and beverage was flat at $29 million.