Keep pulling the thread on Dan Sheridan.
Brooks Running's sales in China grew by 136% in the first quarter.
Brooks Running has achieved a 14% compounded annual growth rate over the past 25 years.
In its first quarter, Brooks Running's global revenue increased by 23%.
Brooks Running experienced double-digit growth in all of its geographic regions during the first quarter.
In the first quarter, Brooks Running's core business in the U.S. grew by 20%.
Brooks Running's European business grew by 30% in the first quarter.
Brooks Running's global apparel business grew by 34% in the first quarter.
The Glycerin, Ghost, and Adrenaline shoe models from Brooks Running are among the top 10 best-selling running shoes in both the U.S. and Europe.
Brooks Running anticipates cost increases for raw materials and product transportation due to ongoing supply chain disruptions.
The CEO of Brooks Running believes the current supply chain disruptions are on par in severity with those caused by tariffs and the COVID-19 pandemic.
Brooks Running has not observed any signs of consumer weakness or pullback in the running product category.