Profits were flat in the first quarter at $42,248,000 against $42,300,000 as revenue inched up 1% to $778,452,000 from $769,982,000 and would have been 3% higher constant currency, led by growing sales in international markets that offset declines in North America.

While the industry growth rate of 2.9% for 2024 continued to slow from pandemic heights of 11.8%, it still bested U.S. GDP growth by 10 b.p., according to the SFIA’s 2025 State of the Industry report, though a look at the P&L of industry players painted a rosier picture.

While bankrupt Liberated Brands makes its way through bankruptcy proceedings, Authentic Brands Group is moving to new partners for its former Boardriders surf and skate brands.

The Indonesian retailer’s net income climbed 21% to IDR 339,980 million ($20.8 mm) in the first quarter from IDR 283,405 million, on 17% higher revenues of IDR 4,319,434 million ($264.1 mm) up from IDR 3,693,122 million.

The red ink deepened at the recycled and synthetic yarn maker in the fiscal third quarter ended Mar. 30 to $16,794,000 against a loss of $10,295,000 on 2% lower revenues of $146,557,000 down from $148,996,000.

Olin Corp.’s ammunition segment suffered from lackluster commercial demand in the first quarter, tallying a 5% drop in sales to $388.0 million from $409.4 million despite gains in military sales.

Santa Cruz is recalling about 3,400 Heckler 9 electric bicycles because their lithium-ion battery can overheat, posing a fire hazard.