Revenues of the Lifestyle Group segment fell 46.6% year over year to $62.8 million, faring better than the Zacks Consensus Estimate of $51 million. The consensus estimate for Work Group’s revenues was pegged at $139 million. Revenues at the Work Group tumbled 22.1% year over year to $123 million. The Zacks Consensus Estimate for the Active Group’s revenues was pegged at $324 million for the quarter. Coming to segments, Active Group’s revenues dipped 17.5% year over year to $328.6 million. Direct-to-consumer revenues of $136.6 million were down 14.5% year over year. Revenues dipped 24.7% in constant currency. The decline was attributable to lower revenues in most of the segments and brands. Revenues of $527.7 million came ahead of the Zacks Consensus Estimate of $515 million but fell 23.7% year over year. At constant currency, the company’s adjusted earnings per share came in at 11 cents. The metric declined 85.1% from 47 cents reported in the prior-year quarter. The company posted third-quarter adjusted earnings of 7 cents a share, which came in line with the Zacks Consensus Estimate.
