Following the Holiday quarter’s low-single-digit sales and profit gains, business slowed to start 2025, resulting in sales rising less than 1% to $53,776.8 million from $53,662.0 million at the 48 public companies we track, with aggregate net income down 9% to $2,403.7 million from $2,635.3 million.

RGR’s new CEO, Todd Seyfert, said the company will incur between $15 to $20 million in charges for organizational restructuring and writing down obsolete or discontinued inventory.

The Chinese footwear manufacturer said revenues declined around 10% for the fiscal year ended Mar. 31, which is expected to result in a net loss of between HK$33 million to HK$38 million for the period.

The Brazilian footwear maker tapped Eastman Outdoor Group as the exclusive distributor of Havaianas brand products in the U.S. and Canada, shifting from direct operation of the sandal brand here.

Under Dog has agreed to settle two consolidated derivative suits filed against certain current and former officers and directors of the company.