Net income soared 88% in the fiscal fourth quarter ended Apr. 30 to $16,222,000 from $8,634,000 as revenues expanded 27% to $178,388,000 from $140,762,000.

Despite weakness in consumer confidence, the Swedish outdoor equipment manufacturer is guiding for green arrows in organic, constant-currency growth, driven by new product launches, with a roughly 200 b.p. negative impact from ForEx on reported results.

Outdoor participation ticked up 1% to a record 183.2 million Americans aged 6 and older in 2025, according to the latest Outdoor Participation Trends Report from the Outdoor Industry Association and Outdoor Foundation, though frequency remains a concern.

Sporting goods, hobby, music, and book store adjusted sales grew 11.3% year over year last month to $8,826 million from $7,932 million, the Commerce Dept. said, and were up 0.3% sequentially.

AEG has completed the acquisition of Allbirds intellectual property assets for $39 million and announced a partnership with brand management and licensing platform WSG Brands as an operating partner.

The embroidery equipment maker inked an agreement to acquire Denmark-based Jet Sport, which specializes in custom team uniforms and workwear, expanding its footprint in the Nordic region.

PE firm L Catterton is close to reaching an agreement to acquire a large stake in the indoor fitness racing company from Swiss sports media group, InFront Sports & Media, Sky News first reported.

Under Dog will shutter its 70,000-sq.-ft. Portland, OR office later this year, with footwear and design operations shifting to New York and its corporate headquarters in Baltimore.