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Sporting Goods Industry News for January 29, 2026
Net income increased 5% in the fiscal third quarter ended Dec. 31 to $481,145,000 from $456,734,000 as sales grew 7% to $1,957,549,000 from $1,827,165,000 in the important seasonal quarter for Ugg.
The Big a said that preliminary unaudited revenue last year increased 5% on a reported basis to €24,811 million ($27,878 mm) from €23,683 million, and was up 10% constant currency, reflecting a €1 million headwind from the strengthening euro.
Olin’s ammunition segment sales grew 3% to $449.4 million from $435.4 million in the final quarter, but operating income plunged to just $0.6 million from $42.0 million.
Supreme Court justices are due back on the bench Feb. 20 following their winter recess, leading various outlets’ high court beat reporters to opine on whether a tariffs decision may come down upon their return.
The fishing equipment company elevated Charlie Davis to VP of product development, Sam McSharry to senior sales manager, national accounts, and Mike Baumgartner to director of sales.
The DSW parent filed suit in OH district court against Worldpay after the payment processing company attempted to end their card-processing agreement prematurely, the company revealed in an SEC filing.
Skechers filed suit in S. NY district court against Easy Spirit and its parent company, Marc Fisher Holdings, for infringing on three patents related to the successful Hands Free Slip-ins franchise.
Trek is recalling about 19,890 model year 2026 Trek FX+ 1 and Electra Townie Go! electric bicycles because the rear wheel bolts can break when torqued, causing the wheel to separate from the bicycle.
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