Italian company Geox posts sales of $349.12 mn in H1 FY24

Geox reported H1 FY24 consolidated sales of €320.4 million (~$349.12 million), down 9.4 per cent from last year.
EBITDA fell to €29.1 million, and EBIT turned negative at €5.5 million.
Wholesales dropped 16 per cent, and franchising sales decreased 15.2 per cent.
Directly operated stores saw a slight sales increase.
Domestic sales fell 9.9 per cent.Geox reported H1 FY24 consolidated sales of €320.4 million (~$349.12 million), down 9.4 per cent from last year.
EBITDA fell to €29.1 million, and EBIT turned negative at €5.5 million.
Wholesales dropped 16 per cent, and franchising sales decreased 15.2 per cent.
Directly operated stores saw a slight sales increase.
Domestic sales fell 9.9 per cent.