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The fast-growing Swiss running footwear company reported net income of CHF 57.7 million ($62.4 million), up from a loss of CHF 170.2 million in 2021, sending the company’s stock up as much as 28 percent in early trading on Tuesday.
Net sales of CHF 1.2 billion in 2022, up 69 percent from the previous year, saw the company pass CHF 1 billion in revenue for the first time in its 13-year history.
The company’s share price is down 30 percent…
