|
Sporting Goods Industry News for November 05, 2025
Net earnings attributable to shareholders were up 8% to $25.1 million from $23.2 million for the third quarter as revenue gained 7% to $470.3 million from $440.2 million on an Active Group improvement of 11% to $352.8 million.
Net income declined 14% to $48,511,000 in the third quarter from $56,224,000 a year ago, despite 6% sales growth to $657,658,000, up from $620,501,000.
The bottom line fell by two-thirds in the third quarter to $1,582,000 from $4,738,000 and would have tallied a loss except for a tax adjustment, as revenues grew 4% to $126,766,000 from $122,287,000.
The Italian fitness equipment specialist’s consolidated revenues improved 14% (+ 15% CC) in the third quarter to €708.5 million ($823.8 mm), on the strength of both B2B commercial and B2C home segments.
Net loss widened in the fiscal first quarter ended Sep. 28 to $11,357,000 from a loss of $7,632,000 last year, on 8% lower revenues of $135,674,000 down from $147,372,000.
Net income jumped 23% in the fiscal second quarter ended Sep. 30 to ¥4.3 billion ($29 mm) from ¥3.5 billion, helped by its Chinese joint venture with Anta Sports, as revenues fell 12% to ¥31.1 billion ($211 mm) from ¥35.3 billion.
WEYS’ boot brand sales dropped 17% in the third quarter, reflecting continued softness in the seasonal footwear category, with excess inventory at retail and mild winters hurting demand.
The maker of Amazfit and Zepp smart wearables grew revenues 78% in the third quarter to $75,789,000 from $42,462,000, reducing the net loss to $1,616,000 from a loss of $13,251,000 last year.
NSSF’s adjusted NICS checks inched down 0.3% last month to 1,299,312 from 1,302,857 a year ago, and are off 3.8% year-to-date.
Platinum Equity-backed GSM Outdoors has inked an agreement to acquire AR-based knife and scissor-sharpening maker Smith’s Products, expanding its portfolio of outdoor brands.
|