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Article Date: October 2026
Word Count: 1074

Tariff Refunds Power Huge Q2 Profit Gains


Aggregate sales and net income continued their positive trends from the first quarter, with Q2 revenue at public sporting goods companies growing 10% to $54,943.3 million from $50,130.6 million and the bottom line jumping 154% to $3,943.3 million from $1,552.3 million as IEEPA tariff refunds poured in. Net income still went +34% to $2,081.7 million when backing out the refund benefits. All sectors posted top-line gains for the quarter, with retail still ticking up 1% in the challenged environment when backing out ... Log in to view full article.

 


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