|
Daily News Feed 11/05/2025 Wolverine Worldwide Guides for 6% Growth This Year
Net earnings attributable to shareholders were up 8% to $25.1 million from $23.2 million for the third quarter as revenue gained 7% to $470.3 million from $440.2 million on an Active Group improvement of 11% to $352.8 million. Acushnet’s Q3 Sales Improve in All Segments
Net income declined 14% to $48,511,000 in the third quarter from $56,224,000 a year ago, despite 6% sales growth to $657,658,000, up from $620,501,000. Sturm, Ruger’s Tax Benefit Offsets Acquisition Costs
The bottom line fell by two-thirds in the third quarter to $1,582,000 from $4,738,000 and would have tallied a loss except for a tax adjustment, as revenues grew 4% to $126,766,000 from $122,287,000. Technogym Sales Grow Double Digits
The Italian fitness equipment specialist’s consolidated revenues improved 14% (+ 15% CC) in the third quarter to €708.5 million ($823.8 mm), on the strength of both B2B commercial and B2C home segments. Unifi Loss Deepens on Tariff Headwinds in FQ1
Net loss widened in the fiscal first quarter ended Sep. 28 to $11,357,000 from a loss of $7,632,000 last year, on 8% lower revenues of $135,674,000 down from $147,372,000. Descente Sees China Strength Offsets Weakness Elsewhere
Net income jumped 23% in the fiscal second quarter ended Sep. 30 to ¥4.3 billion ($29 mm) from ¥3.5 billion, helped by its Chinese joint venture with Anta Sports, as revenues fell 12% to ¥31.1 billion ($211 mm) from ¥35.3 billion. Bogs Revenue Plummets Again in Q3
WEYS’ boot brand sales dropped 17% in the third quarter, reflecting continued softness in the seasonal footwear category, with excess inventory at retail and mild winters hurting demand. Zepp Health Momentum Continues in Q3
The maker of Amazfit and Zepp smart wearables grew revenues 78% in the third quarter to $75,789,000 from $42,462,000, reducing the net loss to $1,616,000 from a loss of $13,251,000 last year. NICS Checks Flatten in October
NSSF’s adjusted NICS checks inched down 0.3% last month to 1,299,312 from 1,302,857 a year ago, and are off 3.8% year-to-date. GSM Outdoors Buys Smith’s Products
Platinum Equity-backed GSM Outdoors has inked an agreement to acquire AR-based knife and scissor-sharpening maker Smith’s Products, expanding its portfolio of outdoor brands. Etcetera: Reebok, Lee, Puma, Dick’s, Sierra, Helen of Troy, Swiftwick, Imperial
11/04/2025 ABC-Mart Sales Inch Higher in H1
Net income at the Japanese footwear and apparel retailer grew 2% to ¥35,924 million ($248.6 mm) from ¥35,121 million for the fiscal first half ended Aug. 31 on a 1% increase in sales to ¥190,132 million ($1,315.8 mm) from ¥188,380 million. Berkshire’s Consumer Products Group’s Sales Slow
Berkshire Hathaway’s consumer products group segment, which includes Brooks, Fruit of the Loom, H.H. Brown Shoe Group, among others, said revenues declined 6% to $237 million in the third quarter and are down 4% in the first nine months of 2025 to $442 million. ThredUp Narrows Loss as Sales Jump
Net loss from continuing operations was $4,248,000 in the third quarter, compared with a loss of $10,358,000 last year, on 34% higher revenues of $82,161,000 compared to $61,514,000. Compass Diversified Extends Forbearance Again
CODI received more wiggle room from debt holders as it continues its investigation into accounting irregularities at its Lugano jewelry subsidiary that it is now specifically calling fraud. Teton Names Product and Marketing Leadership
The UT-based camping gear company’s VP of brand, Jeremy McLerran, is getting expanded responsibilities overseeing product development and brand strategy. Etcetera: Nuyarn, Bridgestone Golf, Niner, 2nd Adventure Group, HGNR, On, Intertek, Lems
11/03/2025 Helly Hansen Turns a Profit for Kontoor Brands in Q3
In its first full quarter under the jeanswear company’s ownership, Helly Hansen revenues increased 11% to $185,930,000 in Q3, generating a segment operating profit of $8,009,000 and net income of $0.03 per share ($1.7 mm). Adidas Confirms €500 Million Bond Placement
The Big a said that it successfully placed a €500 million bond that matures in Nov. 2030 and has a coupon of 2.750%. REI’s Opt Outside is 10 Years Old
The outdoor co-op will close its 195 retail stores along with offices, call centers, and distribution centers on Black Friday, paying its 14,000 employees to spend time outside with family and friends. Etcetera: Puma, Kappa, Cotopaxi, New Era, Volcom
|
