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Sporting Goods Industry News for April 30, 2026
In what’s becoming a familiar refrain from European brands, the strong euro pushed down Puma’s reported revenues by 6% to €1,863.8 million ($2,192.7 mm) from €1,989.8 million, compared to just a 1% decline in constant currency.
Revenues were essentially flat to start the year, inching up to $779,013,000 from $778,452,000 in the first quarter, down 3% on a constant currency basis, with net income slipping 19% to $34,308,000 from $42,248,000.
The first full quarter with Hanesbrands on the P&L saw the bottom line swing to a net loss from continuing operations of $55.1 million against income of $84.7 million for Q1, while sales surged 64% to $1,165.9 million from $711.7 million.
Net income was down 14% to $137,556,000 from $160,103,000 for the first quarter as revenue dipped 2% (-4% CC) to $921,457,000 from $937,333,000, with 12% growth in direct-to-consumer meeting a 10% wholesale decline as CROX works to align channel inventories.
The Italian teamwear brand’s revenues were up 9% last year, hitting a record €244.6 million ($287.8 mm), up from €223.6 million, as pro forma EBITDA rose 14% to €51.6 million ($60.7 mm), up from €45.1 million.
Net income skyrocketed 67% to $4,381,000 from $2,619,000 in the first quarter as revenues inched up 1% to $55,785,000 from $55,479,000, driven by archery momentum, including its recent Gold Tip acquisition, and billiards and safety.
The Japanese parent of Daiwa fishing said that revenues for the fiscal year ended Mar. 31 will come in at ¥126,900 million ($848 mm), better than previous guidance of ¥125,000 million and up 2% from last year’s ¥123,983 million.
Alli Sports is the name of the new parent company that will bring four team dealers under the same umbrella, including FL-based Baker’s Sports, NC-based Johnson-Lambe Co., SC-based First Team Sports Center, and OK-based Midwest Sporting Goods.
The indoor cycling training app maker has inked an agreement to acquire Rouvy, the “real routes” cycling app, for undisclosed terms.
Super Retail Group has hired former Oroton Group CEO and McKinsey consultant Jenny Child as the new managing director for its Rebel Sport banner, succeeding retiring Gary Williams.
Smfanlus is recalling about 2,800 Qumeney bicycle lights because they violate the child-safety standard for consumer products with button-cell and coin batteries.
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