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Sporting Goods Industry News for April 23, 2026
Strong growth in fishing more than offset listless bike component sales in the first quarter, pushing revenues 4% higher to ¥117,644 million ($749.9 mm) from ¥113,539 million, with net income jumping 31% to ¥12,814 million ($81.7 mm) from ¥9,786 million.
Revenues at HELE’s Home & Outdoor segment dipped 2% to $216.5 million for the fiscal fourth quarter ended Feb. 28 as Osprey Packs’ growth eased declines at Hydroflask and the Oxo kitchen brand.
Sales were down 25% in the first quarter to SEK 31,018,000 ($3.4 mm) from SEK 41,493,000, with a loss of SEK 1,168,000 ($0.1 mm) for the quarter compared to SEK 23,000 profit prior, as results faced an 850 b.p. ForEx headwind.
The Swedish parent of Craft and Cutter & Buck, and distributor of other labels, reported a 7% increase in first-quarter sales to SEK 2,328 million ($237.1 mm), with the Sports & Leisure segment inching up 1%.
The Swedish helmet technology company’s net income grew 53% in the first quarter to SEK 29 million ($3.0 mm) from SEK 19 million, as revenues improved 30% to SEK 151 million ($15.4 mm) from SEK 116 million, and were up 25% on a constant-currency basis.
Vail said it has been one of the most challenging winters across the western U.S., with record-low snowfall and historically warm temperatures, resulting in 15% lower total skier visits at MTN’s mountain resorts, while retail/rental revenue in N.A. locations dropped 7%.
Tzumi Electronics is recalling about 50,000 FitRx SmartBell Quick-Select 5-52.5lbs adjustable dumbbells because the weight plates can dislodge from the handle during use.
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