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Sporting Goods Industry News for November 11, 2025
Net income declined 36% to BRL 85,854,000 ($16.3 mm) from BRL 133,733,000 in the third quarter, on a 9% increase in revenue to BRL 1,936,522,000 ($367.9 mm) from BRL 1,770,288,000, after backing out inter-group exclusions and returns.
Net income was down 25% to ¥606 million ($4.1 mm) from ¥804 million, lapping a 3X-plus gain in the prior year, on a 5% net sales gain to ¥65,424 million ($443.6 mm) from ¥62,362 million in the fiscal first quarter ended Sep. 20.
The Daiwa fishing and golf parent company saw net income improve 29% to ¥2,155 million ($14.6 mm) from ¥1,677 million in the fiscal second quarter ended Sep. 30, but revenues were flat, inching up to ¥33,882 million ($229.8 mm) from ¥33,772 million prior.
The Swedish outdoor apparel brand’s net income tallied SEK 58 million ($6.1 mm) for the seasonally small FQ1, up 26% over SEK 46 million, as net sales grew 12% (+15% CC) to SEK 392 million ($41.4 mm) from SEK 350 million.
Although the U.S. Census Bureau has not provided retail sales data in over a month due to the government shutdown, CNBC/NRF’s Retail Monitor reported a 7.19% year-over-year unadjusted increase in Sporting Goods, Hobby, Music & Bookstore sales last month.
The Big Cat is ending its Puma United joint venture with United Legwear Co., instead licensing its longtime partner to make and sell Puma socks, underwear, and children’s apparel and accessories in the U.S. and Canada.
The Eager Beavertons signed two separate multi-year polyester sourcing deals in the past week with Sweden-based recycling startup Syre and Canadian recycler Loop Industries.
Pacific Market Int’l (dba Stanley) is suing the discount retailer in CA district court, accusing it of infringing on Stanley Quencher and Iceflow products with its Hyperquench, Hydraquench, HydraSip, and Hydrachug tumblers.
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