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Sporting Goods Industry News for May 20, 2026
Net loss narrowed by 21% to $119,282,000 from a loss of $150,788,000 in the final fiscal quarter ended Mar. 31, as revenues inched up 1% to $2,166,034,000 from $2,143,771,000, but dipped 4% constant currency.
A slowdown in the U.S. commercial channel drove sales at the Ammo+ segment down 21% to €291 million from €366 million for Q1, accounting for 19% of enterprise revenue at CSG, before turning the corner to meaningful demand recovery later in the period.
The industrial yarn and footwear component supplier said that sales ticked up 18% on a reported basis, but were down 1% on a constant-currency basis for the three months ended Apr. 30.
TRNR said revenue skyrocketed 279% in the first quarter to $5.1 million from $1.4 million in the prior period, which includes only 21 days of Ergatta consolidated results following the close of the deal in Mar.
The TJX-owned outdoor banner opened eight more stores to start 2026, ending the first quarter with 153 doors averaging about 20,000 sq. ft.
Scholl’s Wellness, the Yellow Wood Partners-backed owner of Dr. Scholl’s, has acquired carbon fiber insole maker VKTRY for undisclosed terms.
The Big a said it successfully placed a €500 million bond maturing in May 2031 with a coupon of 3.50%.
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