What changed
Revenue was $530M, down 3% YoY from $546M. Net income was $3M, versus a net loss last year. The sales decline was driven by strategic actions: store closures, license transition, and reduced discounting at Schuh.
Why it matters
Revenue was $530M, down 3% YoY from $546M. Net income was $3M, versus a net loss last year. The sales decline was driven by strategic actions: store closures, license transition, and reduced discounting at Schuh.