Net loss from continuing operations widened to $65,221,463 from a loss of $5,350,176 for the turbulent fiscal year ended Mar. 31 on 8% lower sales of $49,401,547, down from $53,942,076, reflecting results in the GunBroker business after the sale of the ammunition segment to Winchester on Jan. 20.

The luxury skiwear and lifestyle brand expects revenues to increase 3% to $5.0 million in the final fiscal quarter ended Mar. 31, but full-year revenues dipped 12% to $21.4 million.

The rating agency cut VFC's corporate family rating to Ba2 from Ba1 and its senior unsecured notes ratings to Ba2 from Ba1, citing a slower-than-expected turnaround at Vans, which contributed to a debt/EBITDA of 5.1x.

Keeping the streak of growing sales going, adjusted sales of sporting goods/hobby/book and music stores increased 1.8% in May to $7,998 million from $7,859 million last year and were up 1.3 % sequentially, according to Commerce Dept. data.

While details remain to be worked out, the trade agreement reached by the Trump Administration and U.K. negotiators calls for a 10% tariff on most U.K. goods imported into the U.S.

Colt CZ North America closed its $59.5 million acquisition of key supplier Valley Steel Stamp Inc., which had sales of $44.3 million from its firearm operations last year.

German outdoor footwear brand Lowa Sportschuhe and Danish brand Ecco are set to close their factories in Slovakia in the summer of 2025.

The Switzerland-based footwear maker and retailer appointed Panos Mytaros as CEO, effective Sep. 15, succeeding Sandeep Kataria, who has led Bata since 2020.

Smith Sport Optics and Koroyd SARL have dismissed their legal dispute with Burton in the U.S. and Europe over the WaveCel impact-absorbing technology.