June 26, 2025 Nike Vows to Turn the Page after Down Year
The Eager Beavertons' revenues in their final fiscal quarter ended May 31 beat expectations but were still down 12% from a year ago to $11,097 million from $12,606 million, and the bottom line dwindled to just $211 million, down 86% from $1,500 million prior. American Outdoor Brands Gains from Accelerated Orders
Net loss narrowed 81% to $989,000 from $5,302,000 in the fiscal fourth quarter ended Apr. 30, on sales that were up 34% to $61,942,000 from $46,299,000, partially benefiting from retailers pulling forward orders in the last three weeks of the quarter ahead of tariff increases, contributing about $9 million. Honma Golf Swings to Loss as Sales Tumble 17%
The high-end Japanese golf club maker reported a ¥264.2 million ($1.7 mm) loss for the fiscal year ended Mar. 31 against a ¥4,828.1 million profit, on revenues that declined 17% to ¥21,672.1 million ($143.1 mm) from ¥26,222.9 million in a cooling market. Battle for TaylorMade Heats Up
TaylorMade is sitting in the crosshairs of a potential legal battle between one of its largest strategic investors, fashion retailer F&F, and its current majority owner, Centroid Investment Partners, a Korean private equity firm. Bruno Cercley Bids to Take Over Aqualung
Aqualung’s former CEO and long-time Rossignol chief faces competition from Austrian group Head to acquire the company out of receivership, SGI Europe reported, with a ruling from the Nice Commercial Court expected imminently. Public Land Sale Removed from Budget Bill
A revision to the House budget package mandating the sale of millions of acres of public land has been foiled after the Senate parliamentarian determined the proposal by Senator Mike Lee (R-UT) would violate the chamber's rules. CPSC Recalls: Camping Cots, Bicycle Helmets
Coleman is recalling about 229,000 Converta camping cots and Converta camping suspension stretchers because the backrest fold mechanism can pinch consumers’ fingers.
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