
Net income was $87 million, or $0.31 per share, compared to $150 million, or $0.53 per share, last year. Adjusted EPS was $0.41.
Revenue and earnings beat expectations.
For fiscal year 2025, net sales are expected to be $21.15-21.45 billion. Comparable owned-plus-licensed-plus-marketplace sales are expected to be down around 1.5% to down around 0.5% compared to last year. Adjusted EPS is expected to be $1.70-2.05.
The stock jumped 19% on Wednesday.
Prior performance
