Reports Q4 revenue $280.5M vs. $342.3M last year. “The bold initiatives under the Turnaround Plan we announced one year ago gained traction quickly, enabling us to deliver operating and financial performance above our expectations for 2025,” said Franco Fogliato, CEO. “We focused on our core brands, channels and geographies, improved our cost structure and strengthened our balance sheet. We have more work ahead, but we have entered 2026 from a position of strength, with sustained momentum. As we continue to advance our brand-led, consumer-focused operating model, we are entering the next evolution of our Turnaround Plan – designed to return the Company to top line growth, meaningfully improve profitability and build long-term shareholder value.”
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