New Balance Reports Incredible 20% Revenue Growth In 2024

It’s official; 2024 was New Balance’s strongest year to date. After growing by 23% in 2023, the Boston brand has reported 20% growth in 2024, earning $7.8 billion according to information shared with Yahoo Finance.

Of course, the news hardly comes a surprise. New Balance was easily one of the trendiest brands last year and is thriving in multiple areas of its business. The brand’s premier “Made In USA” and “Made In UK” lifestyle lines both put on strong showings, its running division has continued to innovate, and signature athletes like baseball phenom Shohei Ohtani have reinforced a presence in team sports. New Balance has also been enjoying huge mainstream demand for its retro running styles like the 1906R, 2002R, and 530 models, all of which speak to a mass prioritization of comfort in addition to style.

Needless to say, we’re looking forward to what the Boston brand has in store as we delve deeper into 2025. Keep our Sneaker Release Dates hub bookmarked to stay current on all the latest New Balance releases throughout the course of the year.

Andrew Rizzo is an editor at Sneaker News based out of New York City. His primary interests include Air Jordan, Nike ACG, Nike Air Max, and New Balance footwear. Prior to joining Sneaker News, Andrew covered youth sports for several outlets and worked at one of the world’s top performance marketing agencies. He hails from Astoria, Queens and is a huge New York sports fan, particularly when it comes to the Knicks and Yankees.