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EBT by Segment
Examines earnings before taxes across different business segments, revealing which areas are most profitable and where there may be challenges or opportunities for growth.Outdoor has emerged as the steadier, growing earnings engine with predictable seasonal strength, while Active has become the volatile underperformer—consistent with management calling out Vans and wholesale destocking as the primary near‑term drag. Work’s EBT drops to zero from mid‑2025, suggesting a reclassification/divestiture that removes a small but steady contributor. Large, erratic Corporate & Other charges drive most consolidated earnings volatility and can mask brand‑level improvement; with net debt falling and margin targets reiterated, focus on Outdoor/Timberland momentum and the timing of Vans’ H2 recovery.
Date | Outdoor | Active | Work | Other | Corporate & Other Expenses | Interest |
|---|---|---|---|---|---|---|
Sep 30, 2026 | $362.20M | $50.27M | $0.00 | $0.00 | -$74.56M | -$23.69M |
Jun 30, 2026 | -$41.62M | $47.41M | $0.00 | $0.00 | -$100.04M | -$41.12M |
Mar 31, 2026 | $205.62M | -$29.55M | $0.00 | $0.00 | -$303.09M | -$26.98M |
Dec 31, 2025 | $407.73M | -$4.62M | $0.00 | $0.00 | $10.03M | -$34.61M |
Sep 30, 2025 | $300.74M | $65.75M | $0.00 | $0.00 | -$95.67M | -$46.21M |
Jun 30, 2025 | -$72.89M | $71.47M | $0.00 | $0.00 | -$123.08M | -$40.95M |
Mar 31, 2025 | $119.81M | -$32.19M | $13.89M | $0.00 | -$189.02M | -$29.09M |
Dec 31, 2024 | $400.59M | $12.27M | $13.52M | $0.00 | -$193.20M | -$36.52M |
Sep 30, 2024 | $287.41M | $103.66M | $20.41M | $0.00 | -$138.24M | -$42.69M |
Jun 30, 2024 | -$83.42M | $98.55M | $5.33M | $0.00 | -$262.31M | -$55.68M |