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Sporting Goods Industry News for March 05, 2026
Net loss narrowed 52% to $31,261,000 from $65,521,000 for the fourth quarter as sales slipped 8% to $65,413,000 from $71,405,000, with the bottom line facing $29.9 million of non-cash goodwill and indefinite-lived asset impairments compared to $44.8 million in the prior year.
Calling out a 28% increase in handgun unit sales into the sporting goods channel as a key driver, SWBI’s net income jumped 79% to $3,753,000 from $2,102,000 in the fiscal third quarter ended Jan. 31, as sales climbed 17% to $135,709,000 from $115,885,000.
The industrial yarn and footwear component supplier’s bottom line improved 29% to $103.4 million in income last year, up from $80.1 million on 2% higher sales of $1,464.9 million against $1,433.0 million, powered by growth in apparel, while footwear faced challenging market conditions.
Net loss narrowed to $9,104,000 in the final quarter from a loss of $37,191,000 a year ago, on flat revenues at the action camera maker of $201,673,000 against $200,882,000.
Gap, Inc.’s women’s athleisure brand contracted 11% in the fourth quarter to $354 million in revenues, down from $396 million, including a -10% comp.
The Sports Direct parent has increased its stake in The Big Cat to 5.77%, according to German stock exchange filings, becoming Puma’s second largest investor behind Anta Sports, which holds 29%.
The Eager Beavertons revealed in an SEC filing that they are taking a one-time, $300 million charge in the fiscal third quarter that ended Feb. 29 to pay for employee severance costs.
Following RGR’s tepid 2025 results, the Italian gunmaker, which is nearly a 10% RGR shareholder, accused it of buying sales at the expense of margins in a release supporting the four candidates Beretta has proposed for Sturm, Ruger’s board.
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