Net income dropped 74% to BRL 144,377,000 ($27.4 mm) from BRL 547,172,000 for the third quarter, on 2% higher sales of BRL 977,588,000 ($185.7 mm) over BRL 955,676,000.

The Italian luxury sneaker maker reached €203.0 million ($233.3 mm) in Q3 revenues, up 17% from €173.5 million a year ago, led by a 21% increase in direct-to-consumer sales, which now represent 82% of total revenue.

The Taiwanese parent of Matrix, Vision, Horizon, BowFlex, and Schwinn Fitness saw its profits attributable to shareholders increase 25% in the third quarter to TWD 812.0 million ($25.4 mm) from TWD 647.8 million on revenues that grew 24% to TWD 14,960.4 million ($467.7 mm) against TWD 12,041.8 million.

Sales at the huge Czech defense contractor’s Ammo+ segment, which includes Federal and Vista Outdoors’ other ammunition brands, increased 11% to €340 million ($391 mm) from €306 million in the third quarter.

Merida Industry noted that excess inventory at retailers is improving, as Taiwan’s second-largest bicycle manufacturer and key Specialized supplier saw net income attributable to shareholders fall by nearly three-quarters to TWD 175.6 million ($5.5 mm) from TWD 624.9 million.

GPRO pre-released some third-quarter financials while warning that its 10-Q would be delayed, revealing revenues tumbled 41% to $96 million from $163 million, and gross margin narrowed to just 12.7% compared to 35.1% a year ago.

Sporting goods sales declined 0.44% year-over-year last month according to the CNBC/NRF Retail Monitor.

PGW, which owns and distributes Fuji, SE Bikes and Tuesday bicycles in the U.S., opened a new U.S. office and service center in Hillsborough Township, NJ.