Amer Sports

Walmart, Target Results Could Test Earnings Season

Major U.S. retailers including Walmart and Target are reporting earnings this week, posing a test for an otherwise strong Q2 season where 84% of S&P 500 companies topped expectations, per FactSet. Analysts and data providers such as LSEG warn that earnings strength is increasingly concentrated among a handful of large, high-margin retailers, while broader discretionary spending may be more cautious. Wall Street consensus expectations cited: Walmart EPS ~ $0.74 and revenue ~$186.62 billion; Target EPS ~$2.35 and revenue ~$26.15 billion with expected comparable sales growth of 2.4%. Analysts urge selectivity across the sector as traffic deceleration, promotional intensity, and consumer segmentation (a K-shaped recovery) present mixed signals for retailers and investors.

Salomon Launches at Foot Locker in U.S.

Foot Locker has partnered with France-based Salomon to introduce a curated outdoor/sneaker assortment in stores and online beginning mid‑July 2026 (reports cite July 15–19). Selected men’s and women’s silhouettes — including the XT‑6, XT‑6 Gore‑Tex and XT‑Whisper — will retail roughly $145–$200. The rollout includes in‑store marketing and an Aug. 1 farmers’-market‑inspired outdoor pop‑up outside the Foot Locker on 20th Street in New York City, with follow-up pop-ups planned in Los Angeles and Miami. The collaboration is part of an inventory refresh under parent company Dick’s Sporting Goods after last year’s roughly $2.4 billion acquisition; Dick’s is expanding Foot Locker’s “Fast Break” format to about 250 stores and has reported Foot Locker’s return to profitability with U.S. store sales up over 6%. Salomon reported 35% revenue growth last year, surpassed $2 billion in sales, and plans U.S. store expansion.

Salomon Aims to Double U.S. Stores by 2028

Salomon is accelerating its North American retail expansion ahead of its 80th anniversary, aiming to roughly double its U.S. footprint. The brand opened a new Flatiron Street store in New York in July, bringing standalone U.S. locations to six, and plans additional openings including Beverly Hills this fall. Salomon expects its U.S. store count to reach about 12–15 by the end of 2027, targeting major cities such as Boston, San Francisco and Miami. The company emphasizes four-wall profitability, community-focused store programming, and a combined strategy of owned stores plus expanded wholesale distribution (its ‘Epicenter’ strategy). Salomon is owned by Amer Sports, which reported strong recent revenue growth and said Salomon surpassed $2 billion in sales in 2025. In North America roughly two-thirds of Salomon’s business comes from wholesale partners (REI, Nordstrom, Fleet Feet) and about one-third from direct channels.