29 clothing and sportswear enterprises' earnings summary in Q1 2025

NIKE, Inc. reported third fiscal quarter results for the period ended February 28, 2025. Quarterly revenue was 11.269 billion USD, down 9% year-on-year from 12.429 billion USD in the same period last year. Quarterly net profit was 794 million USD, a 32% year-on-year decrease from 1.172 billion USD. Revenue in Greater China was 1.733 billion USD, down 17% from 2.084 billion USD last year.

The 2025 Q1 profit of Adidas exceeded expectations, highlighting the diverging fortunes of major sportswear brands amid intensifying global trade tensions. The German group's operating profit nearly doubled to 610 million euro, up from 336 million euro in the same period last year. At constant exchange rates, revenue grew 13% to 6.1 billion euro (approximately 7.026 billion USD), marking the strongest Q1 sales performance in the company's history.

SKECHERS reported Q1 2025 results as its quarterly sales were 2.412 billion USD, up from 2.252 billion USD last year. Quarterly operating profit was 265 million USD, down from 299 million USD, and net profit attributable to the company was 202 million USD, down from 207 million USD.

PUMA reported Q1 2025 results as its quarterly sales were 2.076 billion euro (approximately 2.39 billion USD), slightly down from 2.102 billion euro last year. Quarterly EBIT was 57.7 million euro, down from 159 million euro, and net profit was 0.5 million euro, down from 87.3 million euro.

lululemon athletica reported first fiscal quarter results for the period ended May 4, 2025 as its net revenue was 2.371 billion USD, up from 2.209 billion USD last year. Operating profit was 439 million USD, up from 433 million USD, and net profit was 315 million USD, down from 321 million USD.

Amer Sports reported Q1 2025 results as its quarterly revenue was 1.473 billion USD, up from 1.193 billion USD last year. Operating profit was 214 million USD, up from 109 million USD and net profit was 138 million USD, up from 6.9 million USD.

The consolidated financial report for January-March 2025 published by ASICS showed a net profit of 31.6 billion yen, up 18% year-on-year, setting a new all-time high for three consecutive years. Sales of high-priced "sport style" casual sneakers and running shoes grew domestically and internationally, with global sales of the premium brand Onitsuka Tiger surging 60%. Revenue increased 20% to 208.3 billion yen (approximately 1.446 billion USD), and operating profit rose 32% to 44.5 billion yen.

UnderArmour reported fourth fiscal quarter and full fiscal year results for the period ended March 31, 2025. The Q4 net revenue was 1.181 billion USD, down from 1.332 billion USD last year. Operating loss was 72.08 million USD, compared to an operating loss of 3.55 million USD. The net loss was 67.46 million USD, compared to a net profit of 6.57 million USD. Full-year net revenue was 5.164 billion USD, down from 5.702 billion USD. The operating loss was 185 million USD, compared to an operating profit of 230 million USD, and net loss was 201 million USD, compared to a net profit of 232 million USD.

Dick's Sporting Goods reported first fiscal quarter results for the period ended May 3, 2025. The net sales were 3.175 billion USD, up from 3.018 billion USD last year. Operating profit was 366 million USD, up from 331 million USD, and net profit was 264 million USD, down from 275 million USD.

Foot Locker reported first fiscal quarter results for the period ended May 3, 2025. The total revenue was 1.794 billion USD, down from 1.879 billion USD last year. Operating loss was 271 million USD, compared to an operating profit of 18 million USD, and net loss was 363 million USD, compared to a net profit of 8 million USD.

TOPSPORTS released full-year results for the period ended February 28, 2025. The annual revenue was 27.013 billion yuan (approximately 3.76 billion USD), down 6.6% year-on-year, primarily due to weak consumer demand and continuous decline in offline foot traffic. Operating profit was 1.593 billion yuan, down 42.8%, and net profit attributable to equity holders was 1.286 billion yuan, down 41.9%.

The TJX Companies, Inc. reported first fiscal quarter results for the period ended May 3, 2025. Quarterly net sales were 13.111 billion USD, up from 12.479 billion USD in the same period last year. Quarterly net profit was 1.036 billion USD, down from 1.07 billion USD.

Inditex Group (Parent Company of Zara) reported first fiscal quarter results (February-April) for the period ended April 30, 2025. Quarterly net sales were 8.274 billion euro (approximately 9.526 billion USD), up from 8.15 billion euro last year. Quarterly EBIT was 1.641 billion euro, up from 1.636 billion euro, and net profit attributable to the company was 1.305 billion euro, up from 1.294 billion euro.

Fast Retailing (Parent Company of UNIQLO) reported first half fiscal year results (August 2024-February 2025). The revenue was 1,790.1 billion yen (approximately 12.4 billion USD), up 12% from 1,598.9 billion yen last year. Operating profit was 304.2 billion yen, up 18.3% from 257 billion yen, and net profit attributable to parent company owners was 233.5 billion yen, up 19.2% from 195.9 billion yen.

H&M (Hennes & Mauritz AB) reported first fiscal quarter results for the period ended February 28, 2025. The net sales were SEK 55.33 billion (approximately 5.8 billion USD), up from SEK 53.669 billion last year. Operating profit was SEK 1.203 billion, down from SEK 2.077 billion, and net profit attributable to shareholders was SEK 590 million, down from SEK 1.239 billion.

Ross Stores, Inc. reported first fiscal quarter results for the period ended April 30, 2025. The sales were 4.985 billion USD, up from 4.858 billion USD last year. Operating profit was 606 million USD, up from 591 million USD, and net profit was 479 million USD, down from 488 million USD.

Gap Inc. reported first fiscal quarter results for the period ended May 3, 2025. The net sales were 3.463 billion USD, up from 3.388 billion USD last year. Operating profit was 260 million USD, up from 205 million USD, and net profit was 193 million USD, up from 158 million USD.

Associated British Foods (ABF) reported first 24 weeks fiscal year results for the period ended March 1, 2025. The group revenue was 9.509 billion GBP, down from 9.734 billion GBP last year. Adjusted pre-tax profit was 818 million GBP, down from 911 million GBP. Among them, Primark's retail business revenue was 4.472 billion GBP (approximately 6.07 billion USD), with adjusted operating profit of 540 million GBP.

VF Corporation (Parent Company of The North Face) reported fourth fiscal quarter and full fiscal year results for the period ended March 29, 2025. The Q4 revenue was 2.144 billion USD, down from 2.247 billion USD last year. Operating loss was 72.89 million USD, compared to an operating loss of 373 million USD, and net loss was 151 million USD, compared to a net loss of 418 million USD. Full-year revenue was 9.505 billion USD, down from 9.916 billion USD. The operating profit was 304 million USD, compared to an operating loss of 144 million USD, and net loss was 190 million USD, compared to a net loss of 969 million USD.

Levi Strauss & Co. (Parent Company of Levi's) reported first fiscal quarter results for the period ended March 2, 2025. The net revenue was 1.527 billion USD, up from 1.48 billion USD last year. Operating profit was 192 million USD, up from 0.6 million USD, and net profit was 135 million USD, compared to a net loss of 10.6 million USD.

Victoria's Secret & Co. reported first fiscal quarter results for the period ended May 3, 2025. The net sales were 1.353 billion USD, down from 1.359 billion USD last year. Operating profit was 19.79 million USD, down from 26.27 million USD, and net loss attributable to the company was 1.66 million USD, compared to a net profit of 3.64 million USD.

AMERICAN EAGLE OUTFITTERS, INC. reported first fiscal quarter results for the period ended May 3, 2025. The total net revenue was 1.09 billion USD, down from 1.144 billion USD last year. Operating loss was 85.18 million USD, compared to an operating profit of 77.84 million USD, and net loss was 64.9 million USD, compared to a net profit of 67.75 million USD.

Crocs reported Q1 2025 results. The revenue was 937 million USD, down from 939 million USD last year. Operating profit was 223 million USD, down from 226 million USD, and net profit was 160 million USD, up from 152 million USD.

HLA released Q1 2025 results. The revenue was 6.187 billion yuan (approximately 861 million USD), up 0.16% year-on-year. The net profit attributable to parent company was 935 million yuan, up 5.46%.

Samsonite reported Q1 2025 results. The net sales were 797 million USD, down from 860 million USD last year. Operating profit was 110 million USD, down from 150 million USD, and net profit attributable to shareholders was 48.2 million USD, down from 83.9 million USD.

Hanesbrands Inc. reported Q1 2025 results. The net sales were 760 million USD, up from 745 million USD last year. Operating profit was 79.91 million USD, up from 35.41 million USD, and net loss was 9.46 million USD, compared to a net loss of 39.12 million USD.

Guess reported first fiscal quarter results for the period ended May 3, 2025. The net revenue was 648 million USD, up from 592 million USD last year. Operating loss was 33.31 million USD, compared to an operating loss of 19.89 million USD. The quarterly net loss was 32.93 million USD, compared to a net profit of 13.02 million USD.

Kontoor Brands (Parent Company of Lee) reported Q1 2025 results. The net revenue was 623 million USD, down from 631 million USD last year. Operating profit was 73.3 million USD, down from 84.43 million USD, and net profit was 42.88 million USD, down from 59.51 million USD.

Semir Apparel announced Q1 2025 results. The revenue was 3.079 billion yuan (approximately 428 million USD), down 1.93% year-on-year, and net profit attributable to listed company shareholders was 214 million yuan, down 38.12%.