Strong Revenue Growth
Net sales in Q3 2025 approached CHF 800 million, growing 24.9% year-over-year on a reported basis and by 34.5% at constant exchange rates.
Record Profitability
Gross profit margin reached 65.7%, with an adjusted EBITDA margin of 22.6%, and nearly 50% year-over-year adjusted EBITDA growth.
Asia Pacific Growth
Asia Pacific delivered net sales of CHF 144.9 million, up 94.2% year-over-year on a reported basis and 109.2% at constant currency.
Apparel Segment Expansion
Apparel net sales reached CHF 50.1 million, an increase of 86.9% year-over-year on a reported basis and 100.2% at constant currency.
Raised 2025 Outlook
The company raised its constant currency net sales growth guidance to 34% year-over-year, with an expectation of CHF 2.98 billion in reported net sales.