|
Sporting Goods Industry News for June 11, 2026
Multi-banner Australian operator Super Retail Group is aiming for a mid- to high-single-digit CAGR in profit before tax, driven by new store expansion generating returns above the cost of capital, in a new five-year plan rolled out at its Investor Day.
Net income attributable to shareholders slipped 20% to HK$ 173,555,000 ($22.3 mm) from HK$ 217,201,000 for the year ended Mar. 31, despite 4% higher revenue of HK$ 5,020,029,000 ($643.6 mm) up from HK$ 4,807,899,000.
First Graphene inked an agreement to acquire MITO Material Solutions’ portfolio, manufacturing equipment, and IP, accelerating the graphene supplier’s entry into the U.S. defense and advanced materials space.
SCVL has slowed the pace of conversions from its legacy Shoe Carnival banner to Shoe Station, but is still pushing ahead with the corporate name change to Shoe Station Group, effective June 12.
The parent of 5.11, BOA Technology, Primaloft, and Velocity Outdoor named Zach Sawtelle as chief operating officer and heir apparent to CEO Elias Sabo, who will retire at the end of the year.
The House Natural Resources Committee introduced the bipartisan Great American Outdoors Act, seeking to reauthorize the landmark 2020 bill, which would invest $1.9 billion in America’s national parks and public lands over the next five years.
Tee Claw Sport filed suit in KY district court, accusing Ice Tees and its owner, Dalton Rauer, of infringing on two patents related to its golf teeing training aids.
|