Home breadcru News breadcru Market Intelligence breadcru  | Global apparel retailers deliver mixed results in Q2 FY23

Prime Content | 
Global apparel retailers deliver mixed results in Q2 FY23

19 Sep '23
25 min read
Pic: Sorbis / Shutterstock
Pic: Sorbis / Shutterstock

Insights

  • In Q2 FY23, some apparel retailers like American Eagle Outfitters, Ross Stores and Columbia Sportswear saw growth in both sales and profits.
  • Arezzo exhibited moderate performance, while Macy's, Adidas, Carter's Inc, Dillard's and Hanesbrands saw weak results.
  • Factors like economic conditions and operational strategies contributed to the varied performances.

Global apparel retailers delivered mixed financial performances in the second quarter (Q*) of fiscal **** (FY**), ended in June or July this year. Three of these companies delivered strong performances, reporting growth in both sales and profits, * had a moderate performance, while the rest ended up delivering weak results with no growth in either sales or profits.

AMERICAN EAGLE OUTFITTERS (NYSE: AEO)

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!