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Sporting Goods Industry News for November 06, 2025

Under Armour Drops FY Forecast, Working on Multi-Year Rebuild for U.S.

Net loss was $18,814,000 against a profit of $170,382,000 for the fiscal second quarter ended Sep. 30, with revenues declining by 5% to $1,333,380,000 from $1,399,023,000 as the gross margin tumbled 250 basis points to 47.3%.

Topgolf Callaway Tops Expectations as Venues Benefit from Value

Missing revenue from the divested Jack Wolfskin business sent MODG’s top line down 8% in the third quarter to $934.0 million from $1,012.9 million, while the net loss quadrupled to $14.7 million from a loss of $3.6 million a year ago.

Yeti Posts Mid-Teens International Growth

Profits declined by 30% in the third quarter to $39,400,000 from $56,284,000 on 2% higher revenues of $487,766,000 against $478,440,000 buoyed by 14% international growth that more than offset a 1% drop in the home market.

Canada Goose Results Bolstered by DTC

Net loss was C$17.4 million ($12.3 mm) versus income of C$6.3 million for the fiscal second quarter ended Sep. 28 as revenues rose 2% to C$272.6 million ($193.1 mm) from C$267.8 million.

Solo Brands Sales Plunge on Promotional Reset

Net loss attributable the company was reduced by 78% to $15,026,000 in Q3 from $69,864,000 but net sales dropped 44% to $53,038,000 from $94,139,000 due to the new promotional strategy for Solo Stove.

Peloton Turns Q1 Profit, Lifts FY26 Guidance

Net income was $13.9 million against a loss of $0.9 million in the first quarter of FY26 ended Sep. 30, on a 6% drop in total revenues to $550.8 million from $586.0 million.

Allbirds Guides for Long-Awaited Growth after Down Q3

Signs of righting the ship on new product launches began to materialize for Q3 as net loss narrowed to $20,324,000 from $21,117,000 on a 23% revenue decline to $32,989,000 from $42,996,000, with the top line landing at the low end of guidance and net results landing above the high end of expectations.

Fox Factory Hit by Dealer Destocking

FOXF’s Specialty Sports Group revenues dipped 11% to $132,716,000 from $149,502,000 as macro pressures led OEM, distributors and dealers to reduce inventory levels.

GoPro Gushes Red but Sees Improvement Ahead

Net loss widened nearly threefold to $21,252,000 from a loss of $8,211,000 on revenue that was down 37% to $162,918,000 from $258,898,000 for the third quarter ending Sep. 30.

Hanesbrands Profits from Nine-Digit Tax Asset

HBI was mum on any details regarding the looming sale to Gildan in their Q3 release, which did not feature a conference call given the pending merger agreement.

SportChek Sales, Comps Improve

Third-quarter revenues at Canadian Tire’s sporting goods banners ticked up 6% to C$550.3 million ($398.8 mm) from C$521.5 million, including a +4.2% comp but with 12 fewer stores.

Clarus Returns to Growth as Adventure Segment Rebounds

Third quarter net loss was halved to $1,617,000 from a loss of $3,157,000 prior, and revenue inflected positive, increasing 3% to $69,347,000 from $67,115,000 last year.

Leatt Delivers Strong Third Quarter

The South African protective equipment maker’s bottom line soared almost fivefold to $539,256 in the third quarter from $115,837 prior as sales increased 18% to $14,343,992 up from $12,138,123.

CPSC Recall: Lezyne Bike Pumps

Lezyne USA is recalling about 8,180 Pressure Over Drive bicycle floor pumps because the canister can forcefully eject from the base when pressurized.

Etcetera: RunWell, Mountain Equipment, Club Champion
 
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