What changed
Q2 FY26 revenue printed at $209M, down 2.5% YoY from $214.3M. Net loss widened to $-3M from $-1M a year ago. The decline was driven by weaker U.S. performance, primarily continued footwear softness and lower traffic, partially offset by international growth.
Why it matters
Q2 FY26 revenue printed at $209M, down 2.5% YoY from $214.3M. Net loss widened to $-3M from $-1M a year ago. The decline was driven by weaker U.S. performance, primarily continued footwear softness and lower traffic, partially offset by international growth.