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Daily News Feed 03/17/2026 Lululemon Sees Green Shoots, but Slower Growth in 2026
The bottom line tumbled 22% in the fourth quarter to $586,871,000 from $748,403,000, on 1% higher revenues that came in at $3,640,801,000 against $3,611,497,000, and would have been flat on a constant currency basis. Academy Sports Guides for Growth on 20-25 New Store Openings
Final quarter net income inched up to $133,688,000 over $133,631,000 on a 3% improvement in sales to $1,718,471,000 from $1,676,920,000, though comps declined 1.6% on a 5.1% average ticket increase that was more than offset by a 6.4% drop in transactions. Wintersteiger Acquires Storage Systems Maker QBL
The Austrian-based machinery and plant engineering group has inked an agreement to acquire QBL, a supplier of storage and drying systems, for undisclosed terms. Gamma Sports Files for Bankruptcy
The tennis and pickleball brand filed for chapter 11 protection in the W. PA federal bankruptcy court after finding itself short of cash amid slowing pickleball demand and pending litigation over control of the company. Etcetera: Peloton, C&H Precision, On, Puma
03/16/2026 REI Negotiations Going Nowhere, Union Says
Union officials representing REI workers stepped up their pressure on the outdoor co-op, charging in a press release that REI’s recent declaration of an impasse in negotiations was illegal.
The Rip Curl, Kathmandu, and Oboz parent confirmed that it is exploring a recapitalization with Goldman Sachs to refinance its long-term debt facilities, but said no decision has been made to pursue any initiatives, and no terms have been finalized. Peloton and Precor Launch Commercial Bikes and Treadmills
PTON’s first offering targeted at the commercial gym market will include a connected bike and treadmill, developed with its subsidiary Precor to provide adequate durability for high-use environments. National Park Visits Inch Higher to Start the Year
January National Park recreational visits got off to a positive start in 2026, increasing 1% year-over-year to 13,734,288 in the seasonally small month from 13,544,850. Windance Wind Sports Files for Bankruptcy
The OR-based water sports retailer filed for Chapter 11 protection in that state’s federal bankruptcy court, listing less than $1 million in assets and up to $10 million of liabilities. Etcetera: Prince, Salomon, Sierra, Azimuth Technology, New Balance
03/13/2026 SFIA Finds 250 Million Americans were Active Last Year
Americans’ activity trends are skewing in the right directions as participation hit an all-time high while inactivity levels are at record lows, according to SFIA’s 2026 Topline Participation Report. Giant Group Sales Dropped 16% in 2025
The Giant Bicycle parent reported TWD 60,254.0 million ($1,933.7 mm) in 2025 revenues, down 15% from TWD 71,278.8 million, and net income declined 43% to TWD 723.3 million ($23.2 mm) against TWD 1,264.0 million. Johnson Health Tech Grows Sales and Profits Double Digits
Net income attributable to shareholders improved 13% last year to TWD 2,749.5 million ($88.2 mm) from TWD 2,430.2 million, on 14% higher revenues of 54,329.0 million ($1,743.5 mm) from TWD 47,785.4 million, incorporating a full year of Bowflex ownership. Bike Makers Merida and Ideal See Sales Slow in Final Quarter
Merida Industry, Taiwan’s second-largest bicycle manufacturer behind Giant, bounced back in the final quarter as its bottom line swung to a profit of TWD 1,200.2 million ($39.8 mm) against a loss of TWD 699.1 million, despite revenues declining 10% to TWD 26,757.2 million ($858.7 mm), down from TWD 29,633.1 million. Wolverine Worldwide Scores Rating Upgrade
S&P Global said improved operating performance and reduced leverage led it to upgrade WWW’s issuer credit rating to B+ from B, and also raise its debt level ratings by one notch. Escalade Names Patrick Griffin CEO
ESCA’s board appointed Patrick Griffin as its new president and CEO, effective Mar. 5. Adidas Sues Sneaker Site over Stolen Designs
The Big a filed suit in OR district court against Sole Retriever, a sneaker-focused website that notifies its paying subscribers about footwear releases and availability, and its principal, Harris Monoson, accusing them of stealing designs. Etcetera: L.L. Bean, Galfer USA, Reebok
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