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Sporting Goods Industry News for November 06, 2025
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%.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Lezyne USA is recalling about 8,180 Pressure Over Drive bicycle floor pumps because the canister can forcefully eject from the base when pressurized.
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