Financial Results

LVMH Q3 Revenue Falls 3% To €19.08 Billion

Textile Insights October 28, 2024

LVMH Group, reported its third-quarter 2024 revenue at €19.08 billion, down 3% year-over-year and below analyst expectations of €20.05 billion. Year-to-date revenue from January to September remained unchanged at €60.8 billion. Analysts noted that LVMH’s sales fell short across all

Financial Results

Rieter’s Orders Up 39%, Sales Down 47% in Q3 2024

Textile Insights October 28, 2024

Rieter Group has released its financial results for the third quarter and the first nine months of 2024, revealing a mixed performance in a difficult market environment. Key Financial Highlights: Order Intake: CHF 226.4 million in Q3, totaling CHF 629.8 million for the first nine months, a substantial increase from CHF 452.2 million in the […]

Financial Results

Adidas’s Q3 Revenue At €6.44 Bn, Operating Profit Surpasses Expectations

Textile Insights October 28, 2024

Adidas has released its preliminary financial report for Q3 2024, estimating revenue at €6.44 billion, slightly below analysts’ expectations of €6.45 billion. The company achieved a gross profit margin of 51.3%, surpassing the forecast of 50.5%. Operating profit stood at €598 million, exceeding the expected €558.6 million. Notably, the third-quarter results included

Financial Results

Bella Casa Reports 66% Revenue Growth, Eyes Long-Term Expansion

Textile Insights October 27, 2024

Bella Casa Fashion & Retail Ltd has announced its financial results for the second quarter (Q2) and first half (H1) of FY25, highlighting substantial growth in revenue and profitability. The company reported revenue of Rs 107 crore in Q2 FY25, marking a 66% growth compared to the same period last year. Operating profit surged by […]

Financial Results

SBC Exports Reports Strong Q2 Results And Expansion Plans

Textile Insights October 27, 2024

SBC Exports Ltd, a prominent player in the hosiery garments sector, has released its financial results for Q2 and H1 of FY25, demonstrating significant growth. In Q2 FY25, the company reported a 56.54% year-on-year (YoY) increase in standalone revenue, reaching Rs 4,849.55 lakh, while net profit after tax (PAT) surged by 63.21% to Rs 315 […]

Financial Results

Lululemon Athletica Reports Strong Q2 FY2024 Results

Textile Insights September 2, 2024

Lululemon Athletica Inc. has announced solid financial results for Q2 FY2024, ending July 28, 2024, with a 7% increase in net revenue to US$ 2.4 billion. International sales were a key driver, up 29%, while the U.S. saw a modest 1% increase. The company reported a 9% rise in gross profit to US$ 1.4 billion, […]

Financial Results

PVH Corp Posts Strong Margins, Higher EPS For Q2 FY2024

Textile Insights September 2, 2024

PVH Corp announced its second-quarter 2024 results, delivering on its earnings guidance despite a 6% revenue decline to US$ 2.074 billion. This decrease includes a 3% impact from the sale of the Heritage Brands women’s intimates business in late 2023. Stefan Larsson, CEO, highlighted the company’s successful execution of the PVH+ Plan, leading to strong […]

Financial Results

Raymond Q1 Profit Up 26.7%; Completes Demerger Of Lifestyle Business

Textile Insights August 25, 2024

Raymond Ltd has announced a 26.7% rise in consolidated net profit from continuing operations, reporting net profit of Rs 57.04 crore for the first quarter ended June 2024, compared to Rs 45.02 crore in the same period last year, according to a regulatory filing on Tuesday. The company’s revenue from continuing operations increased significantly to […]

Financial Results

VIP Clothing Posts Negative Growth In Q1 FY25

Textile Insights August 19, 2024

VIP Clothing, a leading innerwear manufacturer known for its marquee brands such as VIP, Frenchie, Feelings, and Leader, announced its unaudited financial results for the first quarter ended June 30, 2024. Highlights Revenue from operations: Rs 501.20 mn, compared to Rs 536.64 mn in Q1 FY24. EBITDA: Rs 28.06 mn, down from Rs 35.29 mn […]

Financial Results

Dollar Industries Reports Modest Growth In Q1 FY25

Textile Insights August 19, 2024

Dollar Industries Ltd, a prominent name in the garment and hosiery sector, announced its financial results for the first quarter of FY25. Key Financial Highlights: Total Income: Rs 33,443 lakh, reflecting a 1.7% year-over-year (YoY) growth from Rs 32,891 lakhs in Q1 FY24. Gross Profit: Rs 11,887 lakh, up 12.1% YoY, with a gross profit […]