In line with The Big a’s preannouncement last week, revenues bounced back in the first quarter, growing 13% to €6,153 million ($6,477 mm) from €5,458 million and resulting in a 152% jump in net income attributable to shareholders of €428 million ($451 mm) up from €170 million prior.

Net income increased 8% to $84.7 million over $78.7 million on sales that were up 2% to $711.7 million from $695.8 million for the first quarter.

BGFV’s net loss soared 108% to $17,250,000 to start the year from a loss of $8,286,000 in Q1, 2024, as revenues tumbled 9% to $175,647,000 from $193,427,000 and same store sales declined 7.8%.

Net income nearly doubled to $4,941,000 in the first quarter from $2,550,000 a year ago on sales that grew 1% to $114,073,000 from $112,906,000, powered by a 20% gain in direct-to-consumer to $36.6 million.

The U.K.-based activewear brand’s profits slipped 29% to £7,197,000 ($9.1 mm) for the fiscal year ended July 31, 2024, from £10,191,000, despite 9% higher revenues of £607,345,000 ($768.8 mm) against £556,216,000.

Net income dipped 11% to SEK 266 million ($23.9 mm) from SEK 300 million in the first quarter on sales that improved 10% to SEK 2,662 million ($239.6 mm) from SEK 2,420 million.

Nike’s wind-down of its three-year NFT experiment is now facing a proposed class action lawsuit filed by Australian resident Jagdeep Cheema in Brooklyn federal court, accusing the Swoosh of a “rug pull” in shutting down its RTFKT unit in Dec.

The children’s bicycle brand said its sales increased 40% in the first quarter to a record €44 million ($46.3 mm) against €31.5 million prior, gaining market share with 124,000 bikes sold across all segments.

Moody’s said that pressured consumer spending and rising tariffs could hurt Under Dog’s earning over the next 12 to 18 month, and lowered its corporate family rating to Ba3 from Ba2, while also downgrading its issue level and other ratings.

Retail sales of the Chinese sportswear brand increased low-single digits year-over-year in the first quarter, with owned brick-and-mortar declining low-singles and franchised distributors up low-singles.

The Japanese retailer said that its net income from the fiscal year ended Mar. 31, 2025, would be just ¥971 million ($6.3 mm), well short of its ¥3,002 million forecast, though operating profit exceeded initial projections.

Mizuno USA bolstered its running division, elevating its current territory manager, Will Cutler, to associate marketing manager, effective May 1.

Thomas B. Doyle, the long-time National Sporting Goods Association executive, passed away on Apr. 22 at 86.

New Wave Group, the Swedish parent of sports brands Craft and Cutter & Buck and distributor of other labels, reported a 9% increase in first quarter sales to SEK 2,184 million ($206.6 mm) driven by the Sports & Leisure segment which grew 11%.

The Chinese sportswear company’s Kappa-branded stores’ retail sales declined mid- to high-single digits in the fiscal fourth quarter ended Mar 31, and were also down by the same percentage for the full fiscal year.

PTON has agreed to pay plaintiffs’ lawyers $1.75 million for attorneys’ fees, costs, and expenses to settle several separate stockholder derivative actions.