Sports apparel and supplies
Nike (Nike) released its first fiscal quarter financial report of the new fiscal year, with revenue of US$12.25 billion, a year-on-year increase of 16%. Revenue in Greater China increased by 11% year-on-year to US$1.98 billion, the smallest increase among all regions. North American revenue increased 15% to $4.88 billion. Nike brand online revenue increased by 29% year-on-year.
Adidas announced its financial report for the third quarter of 2021. Quarterly revenue was 5.752 billion euros (approximately 6.506 billion U.S. dollars), a slight increase of 3% year-on-year; net profit from continuing operations was 479 million euros. Following a 16% drop in the second quarter, revenue in mainland China, Taiwan and Hong Kong fell another 15% in the third quarter.
German sporting goods manufacturer PUMA released its third quarter performance report for 2021. Quarterly sales increased by 20% year-on-year to 1.9 billion euros (approximately US$2.15 billion). Sales in the Asia-Pacific region increased by 1.7% to 387 million euros. Net income reached 144 million euros, up from 114 million euros in the same period last year.
Anta Sports’ performance data for the third quarter of 2021 shows that the group’s Anta brand achieved a low-range positive growth of 10-20% in the third quarter compared with 2020, and a mid-range growth rate of 10-20% compared with the same period in 2019. According to analysts citing content from Anta Group’s investor meeting, Anta Children’s has achieved low double-digit growth compared to 2020 and 25-30% growth compared to 2019, maintaining the forefront of growth in the Chinese market. The retail sales of the FILA brand recorded a mid-single-digit positive growth compared with the same period in 2020, and a positive growth of 25-30% compared with the same period in 2019.
The retail sales of other brands (including DESCENTE and KOLON SPORT) recorded a positive growth of 35-40% compared with the same period in 2020, and a positive growth of 105-110% compared with the same period in 2019.
American sports and leisure brand SKECHERS released its third quarter 2021 results. Quarterly sales were US$1.551 billion, compared with US$1.301 billion in the same period last year. Net profit for the quarter was US$103 million, compared with US$64.28 million in the same period last year.
Under Armor announced its third quarter 2021 financial report, with quarterly net profit increasing to US$113.4 million, compared with US$38.9 million in the same period last year. Revenue increased from US$1.43 billion in the same period last year to US$1.55 billion, a year-on-year increase of 8%.
Lululemon announced its financial report for the third quarter of fiscal year 2021. Net revenue was US$1.5 billion, a year-on-year increase of 30%; net profit was US$188 million, a year-on-year increase of 30.73%; gross profit was US$829 million, a year-on-year increase. 32%; gross profit margin increased 110 basis points to 57.2%.
The consolidated financial report released by Japanese sporting goods manufacturer ASICS from January to September 2021 shows that sales increased by 30% compared with the same period last year, reaching 322.2 billion yen (approximately US$2.82 billion). The final profit and loss was a profit of 19 billion yen, compared with a loss of 3.4 billion yen in the same period last year.
In terms of overall sales volume in the third quarter, the retail sales volume of Li-Ning points of sale (excluding Li-Ning YOUNG) across the entire platform recorded a low-end growth of 40%-50% year-on-year, and same-store sales recorded a high-end 20%-30% year-on-year increase. increase.
In terms of channels, offline channels (including retail and wholesale) recorded high-end growth of 30%-40%, of which retail channels recorded mid-range growth of 30%-40% and wholesale channels recorded high-end growth of 30%-40%. , the e-commerce virtual store business recorded mid-range growth of 50%-60%.
Apparel and retail
The TJX Companies, Inc. released its third quarter 2021 results report. Quarterly net sales were US$12.532 billion, compared with US$10.117 billion in the same period last year. Net profit for the quarter was US$1.023 billion, compared with US$867 million in the same period last year. Among them, Marmaxx US net sales were US$7.214 billion, HomeGoods US net sales were US$2.254 billion, TJX Canada net sales were US$1.301 billion, and TJX International (Europe and Australia) net sales were US$1.763 billion.
Zara’s parent company, Spanish clothing retail giant Inditex Group, announced its results for the first three quarters of fiscal year 2021 (February-October). Net sales for the current period were 19.325 billion euros (approximately US$21.9 billion), compared with 14.085 billion euros in the same period last year. Operating profit (EBIT) for the current period was 3.293 billion euros, compared with 946 million euros in the same period last year. Net profit for the period was 2.5 billion euros, compared with 671 million euros in the same period last year.
The third quarter financial report released by H&M Group showed revenue of 56 billion Swedish krona (approximately US$6.185 billion), an increase of 9% compared with the same period last year, but it has not yet returned to pre-epidemic levels and was lower than the third quarter of 2019. SEK 63 billion. The financial report shows that China has fallen out of the list of H&M’s top ten markets.
Japan’s Fast Retailing, the parent company of Uniqlo, released its fiscal year results as of the end of August 2021. Fiscal year revenue was 2,133 billion yen (approximately US$18.7 billion), compared with 2,008.8 billion yen in the previous fiscal year. Operating profit was 249 billion yen, a significant increase from 149.3 billion yen in the previous fiscal year. Net profit for the fiscal year was 169.8 billion yen, compared with 90.3 billion yen in the previous fiscal year.
Retail apparel company Gap Inc. announced its performance report for the third quarter of 2021 as of the end of October. During the period, it achieved net sales of US$3.943 billion, which was basically the same as the previous year. Compared with the same period in 2019 before the epidemic, comparable sales increased by 5%. Among them, the eponymous brand Gap achieved net sales of US$1.039 billion in the quarter, Old Navy net sales reached US$2.105 billion, Banana Republic net sales reached US$479 million, and Athleta brand net sales reached US$320 million. Gap Group recorded a total net profit of US$272 million in the first three quarters. By the end of the third quarter, it had 3,459 stores in more than 40 countries, including 2,873 company-operated stores.
VF Corporation announced its second quarter results for fiscal year 2021 ended September 30. Quarterly net revenue was US$3.198 billion, compared with US$2.608 billion in the same period last year. Quarterly net profit was US$464 million, compared with US$257 million in the same period last year.
Clothing manufacturer Hanesbrands Inc released its third quarter 2021 results. Quarterly net sales of $1.79 billion, prior year
It was $1.69 billion during the same period. Net profit for the quarter was US$152 million, compared with US$103 million in the same period last year.
Levi Strauss & Co., the parent company of American jeans brand Levi’s, announced its third quarter results for fiscal year 2021 as of August 29. Quarterly net revenue was US$1.498 billion, compared with US$1.063 billion in the same period last year. Quarterly net profit was US$193 million, compared with US$27 million in the same period last year.
After being independently listed, the American underwear brand Victoria’s Secret’s performance in the third quarter of 2021 still maintained growth momentum. Quarterly sales increased by 7% year-on-year to US$1.441 billion, and operating profit also further increased from US$97.5 million in the same period last year. US$107.9 million, a year-on-year increase of 11%, and net profit was US$75.2 million, exceeding previous expectations.
Clothing retailer AEO (American Eagle Outfitters) announced its third quarter results for fiscal year 2021 as of October 30. Total quarterly net revenue was US$1.274 billion, compared with US$1.032 billion in the same period last year. Quarterly net profit was US$152 million, compared with US$58.11 million in the same period last year.
Kontoor Brands, Inc., the parent company of Lee and Wrangler, announced its third quarter 2021 results. Quarterly net revenue was US$652 million, compared with US$583 million in the same period last year. Quarterly net profit was US$63.41 million, compared with US$60.78 million in the same period last year.
American apparel group Guess announced its third quarter results for fiscal year 2021 as of October 30. Quarterly net revenue was US$643 million, compared with US$569 million in the same period last year. Quarterly net profit was US$29.88 million, compared with US$26.38 million in the same period last year.
Men’s clothing company Heilan Home disclosed its third quarter report. In the first three quarters of 2021, the company achieved total operating income of 14.16 billion yuan, a year-on-year increase of 20.2%; it achieved net profit attributable to the parent company of 2.05 billion yuan, a year-on-year increase of 58.7%. In the third quarter, operating income was 4.022 billion yuan (approximately US$632 million), a year-on-year increase of 9.39%. The net profit attributable to shareholders of listed companies was 397 million yuan, a year-on-year increase of 15.89%.
Semir Apparel released its results for the third quarter of 2021. In the first three quarters, operating income was 10.021 billion yuan, a year-on-year increase of 6.04%; net profit attributable to shareholders of listed companies was 943 million yuan, a year-on-year increase of 336.64%. In the third quarter, the company achieved operating income of 3.504 billion yuan (approximately US$550 million), a year-on-year decrease of 5.69%. The net profit attributable to shareholders of listed companies was 278 million yuan, a year-on-year increase of 42.85%.
Note: Due to the different financial year ranges of each company, in the third quarter performance summary of 2021, the financial ranges of each company are distributed from June to August, July to September, and August to October 2021.
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