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Sporting Goods Industry News for June 12, 2026
After taking a significant profit hit from impairments in Q4, aggregate sales and net income at public sporting goods companies accelerated in Q1, with revenue up 12% to $54,510.2 million from $48,868.5 million and net income up 13% to $2,921.6 million from $2,588.0 million.
Stone House Capital Management has accumulated 7,000,000 DBI shares and holds call options for 1,500,000 more, according to a recent 13D filing.
Dutch conglomerate Pon Holdings’ Cannondale production is moving from the Netherlands to its facilities in Germany and Lithuania, according to multiple reports.
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