It’s pretty hard to deny: Athletic and athleisure trends are winning right now.
As more consumers embrace their casual sides, brands with product offerings in the space seem to be enjoying a form of immunity to otherwise lackluster retail sales.
But while athleisure is certainly a rewarding category to play in these days, the success of the space naturally yields stronger competition.
So, who is really dominating athletic shoe sales this spring?
Here, FN reviews the financial performance of three of the top athletic brands during the last quarter and shares analysts’ projections for the current quarter (spring).
• Nike Inc.
Sales In Q3: $8 billion
Profit In Q3: $950 million
Diluted earnings per share in Q3: 55 cents
Q4 Sales: $8.3 billion
Q4 EPS: 48 cents
• Skechers USA Inc.
Sales In Q4: $722.7 million
Profit In Q4: $29.4 million
Diluted earnings per share in Q4: 19 cents
Q1 Sales: $915.1 million
Q1 EPS: 53 cents
• Under Armour Inc.
Sales In Q4: $1.17 billion
Profit In Q4: $106 million
Diluted earnings per share in Q4: 48 cents
Q1 Sales: $1.03 billion
Q1 EPS: 5 cents