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Sporting Goods Industry News for October 31, 2025
The Berkshire Hathaway-owned running company said revenues were up 17% in Q3, including double-digit growth in every region and channel, marking Brooks’ ninth consecutive quarter of year-over-year growth.
Net income jumped 218% to BRL 547,172,000 ($104.0 mm) over BRL 172,172,000 for the third quarter on a 22% increase in sales to BRL 955,676,000 ($181.6 mm) from BRL 784,589,000, as the bottom line got a lift from BRL 354.8 million in deferred income tax and social contribution.
Newell’s Outdoor and Recreation segment sales were flat in the third quarter at $183 million, and the operating loss narrowed to just $8 million from a loss of $23 million last year.
Revenue from the Swiss outdoor company’s branded segment’s external sales, which includes Fjällräven, Tierra, Royal Robbins and others, grew 65% to €78.1 million ($90.8 mm) in the third quarter from €47.4 million.
Net income attributable to shareholders at the Indonesian retailer ticked down 3% to IDR 499,603 million ($30.5 mm) in the third quarter from IDR 514,713 million last year, despite revenue improving 14% to IDR 5,150,650 million ($314.8 mm), up from IDR 4,532,879 million.
Next Level Apparel elevated its COO, Brett Bjorkman, as its new chief executive officer, succeeding the retiring founder and former CEO, Joe Simsoly.
Werner Paddles is recalling about 725 Stealth and Covert kayak paddles because they can break during use, and will provide consumers with a full refund.
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