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Daily News Feed


11/06/2026


Under Armour Raises Profit Guidance on Turnaround Progress

Coming close to breakeven in the fiscal second quarter ended Sep. 30, Under Dog’s net loss narrowed to $425,000 from a loss of $18,814,000 a year ago, as revenues were better than expected, but still slipped 7% to $1,241,743,000 from $1,333,380,000.

Alpen Gets World Cup Boost in FQ1

Net income more than doubled to ¥1,559 million ($9.8 mm) from ¥606 million, on a 10% net sales gain to ¥71,830 million ($451.2 mm) from ¥65,424 million in the fiscal first quarter ended Sep. 30.

Lululemon Hires Chief Brand, Strategy Officers

LULU tapped hospitality industry exec Ben Hallam as chief brand officer effective Nov.9 and former BCG consultant Emily Sunderland as chief strategy officer as of Nov. 23, while the search continues for a new chief technology officer and chief communications officer.

RepSpark Acquires Tee Commerce

The B2B platform, which powers wholesale commerce for brands and retailers across golf, outdoor, and lifestyle apparel, inked an agreement to acquire Tee Commerce and expand into retail.

Etcetera: Rebel Sport, Fanatics, Xtep, Pure Hockey, ABG, Smith & Wesson, Marmot, Adidas

11/05/2026


Strong Margins Drive Callaway’s Q3 Profits

Net income was $45.7 million in the third quarter against a loss of $14.7 million a year ago, boosted by $33.5 million in IEEPA tariff refunds, on 6% lower sales of $436.9 million, down from $462.6 million.

Gildan Cuts Guidance after Soft Q3

GIL blamed an unexpected deterioration in macroeconomic conditions for third-quarter sales that came in below guidance, with an estimated $100 million headwind from a demand rebound that failed to materialize and a further $60 million negative impact from product availability constraints.

Canada Goose Loss Grows on Marketing Spend

Net loss widened 51% to C$26.3 million ($18.8 mm) from C$17.4 million for the fiscal second quarter ended Sep. 27 on a 6% revenue increase to C$274.0 million ($195.7 mm) from C$258.8 million.

Helly Hansen Improves in Q3 despite U.S. Weakness

Revenues increased 3% in the third quarter to $191,324,000 from $185,930,000, with operating income nearly doubling to $15,308,000 from $8,009,000, in HH’s first full comparable quarter under Kontoor Brands’ ownership.

Peloton’s Margins Improve, but Sales Guidance is Down

Net income grew nearly sevenfold to $96.2 million from $13.9 million in the fiscal first quarter ended Sep. 30 on total revenue that was up 2% to $559.2 million from $550.8 million, with connected fitness products slipping 3% to $148.5 million but subscriptions up the same percentage to $410.7 million.

Fox Factory Posts Big Loss on Marucci Sale

Sales at FOXF’s Specialty Sports Group declined 14% to $113,618,000 from $132,716,000 for the third quarter ended Oct. 2, with a $33.0 million contribution from Marucci before its sale on Sep. 25.

Clarus Bounces Back in the Third Quarter

CLAR’s bottom line swung to a profit of $3,262,000 from a loss of $1,617,000 in the third quarter ended Sep. 30, on 3% higher sales of $71,218,000 up from $69,347,000.

Goldwin Profits Dip in Q2, Revises Guidance

Net income at the owner of The North Face, Helly-Hansen, Canterbury, and other brands for Japan fell 10% in the second quarter ended Sep. 30 to ¥3,261 million ($20.5 mm) from ¥3,609 million, despite revenue inching up 2% to ¥32,502 million ($204.1 mm) from ¥31,711 million.

Velocity AI Raises Nearly $2 Million

The AI-powered wearable strength-training system and coaching platform has raised $1.95 million ahead of its launch, led by Rising Tide Partners, with participation from several family offices and other venture capital firms.

Riddell Settles with Inventor

Riddell and former outside patent counsel for General Motors, William Jacob, have agreed to settle all patent infringement claims and counterclaims over energy absorption and dispersal technology, according to a filing in IL federal court asking the cases be dismissed with prejudice.

CPSC Recalls: Ice Axes, BMX Bicycles

C.A.M.P. is recalling about 2,230 X-Dream, X-Dream Total Dry, X-All Mountain Hammer and X-All Mountain Adze ice axes because a screw can loosen during use, causing the handle or pick to detach.

Etcetera: Under Armour, KastKing, New Balance

11/04/2026


Acushnet Maintains Guidance after Flattish Q3

Net income inched up 1% in the third quarter to $49,186,000 from $48,511,000, but revenues slipped 1% to $649,230,000 from $657,658,000, as strong Titleist ball sales were not enough to overcome declines in all other categories.

Compass Diversified’s Sports Brand Profits Improve

Revenues at CODI’s largest sports brand, 5.11 Tactical, slipped by 7% in the third quarter to $133,866,000 from $143,240,000, as lower promotions hurt direct sales to its price-sensitive consumers, and U.S. wholesale partners were reducing inventory.

Sturm, Ruger Net Soars as Sales Jump 17%

Net income jumped nearly fourfold to $5,805,000 from $1,582,000 for the third quarter as sales grew 17% to $147,626,000 from $126,766,000 on increased demand and higher prices.

Descente’s Profit Grows in Q2 on Sales Gains

Net income nearly doubled in the fiscal second quarter ended Sep. 30 to a record high ¥8.5 billion ($56.4 mm) from ¥4.3 billion, boosted by its Chinese joint venture with Anta Sports, as revenues grew 7% to ¥33.3 billion ($209.2 mm) from ¥31.1 billion.

Empower Brands Bids to Take Helen of Troy Private

The parent of Hydro Flask and Osprey Packs has received a $37.00 per share cash buyout offer from Empower Brands Holdings Group, which is jointly owned by Spectrum Brands and Oaktree Capital Management.

Bogs Sales Grow 6% in Q3

Florsheim parent Weyco’s boot brand saw another quarter of growth, improving 6% in the third quarter to $11.6 million, with sales volumes up across most major channels.

ThredUp Sees Loss Deepen, Revises Guidance

The apparel and footwear resale marketplace’s net loss expanded 29% to $5,468,000 from a loss of $4,248,000 in the third quarter, on 7% higher sales of $88,230,000, up from $82,161,000, as active buyer count grew 16% to a record 1.82 million.

Shimano Adds Jackall Lures

The Japanese bike component and fishing tackle maker has acquired its longtime collaborator, Otsu City, Japan-based Jackall, which designs and manufactures fishing lures.

Revelyst Acquires European Golf Distributor

The parent company of more than 30 sporting goods brands acquired U.K.-based Optimum Golf Technologies, a key distribution partner for Revelyst’s Foresight Sports and Bushnell Golf brands.

Adidas Signs AC Milan, Replacing Puma Starting in 2028

The Big a will take over as AC Milan’s kit sponsor in a 10-year deal worth €50 million ($57.4 mm) a year starting with the 2028/2029 season, making it the most lucrative kit sponsorship deal in Italian soccer history as the Rossoneri ditch Puma.

Dick’s Signs Caitlin Clark as First Athlete Ambassador

Dick’s SG inked a multi-year partnership with Fever guard and three-time WNBA All-star Caitlin Clark, its first time signing an athlete as a brand ambassador.

Etcetera: Under Armour, Dick’s, Helinox, Fox Factory

 
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