|
Sporting Goods Industry News for January 14, 2026
Compass Diversified’s sporting goods brands posted mixed results in the third quarter, the company revealed in a delayed SEC filing, but profitability was better across the board.
Net loss expanded 21% at the Japanese retailer to ¥311 million ($2.1 mm) from ¥257 million in the fiscal first quarter on a 2% gain in net sales to ¥13,492 million ($91.5 mm) from ¥13,260 million.
Still catching up from the government shutdown, the Commerce Dept. said sporting goods/hobby/book and music store adjusted sales jumped 7.8% in Nov. to $8,412 million from $7,804 million and were up 1.9% sequentially.
The BSN Sports parent is expanding its first-lien term loan facility by $400 million and will kick in another $60 million from its ABL to finance the acquisition of an as-yet-undisclosed soccer team dealer and retailer.
The Newell-owned brand launched a new brand identity and generation of reusable water bottle designs in the highly competitive space, which includes Yeti, Hydro Flask, CamelBak, Stanley, Nalgene, and others.
Under Dog re-upped the Philadelphia Phillies slugger to a new six-year deal, a week after Harper announced he was a free agent, the Baltimore Banner first reported.
|