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Sporting Goods Industry News for October 28, 2025
Net income jumped 364% to $189,765,000 from $52,178,000 for the fiscal second quarter ended Sep. 27 on a 2% improvement in revenue (-1% CC) to $2,802,706,000 from $2,757,948,000, as the bottom line lapped a $150.3 million charge for discontinued operations.
Net income surged 37% in the third quarter to $7,212,000 from $5,279,000, boosted by improving margins and lower interest costs, on 7% higher revenues of $122,540,000, up from $114,554,000.
After growing double digits in the first half, Shimano’s bike component sales fell in Q3, contributing to a 4% decline in revenues to ¥113,611 million ($770.5 mm) from ¥117,992 million.
Total sales were down 3% to €615.6 million ($720.3 mm) in Q3 from €635.5 million, including 3% lower (-1% CC) Moncler brand sales of €514.2 million ($601.6 mm) and Stone Island slipping 2% (flat CC) to €101.4 million ($118.6 mm).
ISPO is leaving its Munich home after more than 50 years and is being relocated to Amsterdam in 2026 following the new joint venture between Messe München and Raccoon Media Group.
The Milan-based sustainable insulation maker has introduced a next-generation, flexible, lightweight, recycled-fiber insulation that stretches and breathes.
Iconix Brand Group’s ex-CEO, Neil Cole, sees the 2nd U.S. Circuit Court of Appeals overturn the conviction that handed him an 18-month prison term for fraudulently inflating the company’s revenue and earnings per share.
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