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Daily News Feed 08/11/2026 On Holdings’ Growth Slows on Sluggish U.S. Wholesale
Lapping last year’s CHF $140 million foreign exchange expense, profits bounced back to CHF 105.0 million ($132.9 mm) in Q2 from a CHF 40.9 million loss, as revenues grew 13% to CHF 850.3 million ($1,076.3 mm) from CHF 749.2 million. Nike Sales Soar in Brazil on World Cup Demand
Nike’s Brazilian partner and Centauro parent Grupo SBF’s net income jumped 181% to BRL 130,532,000 ($2.5 mm) over BRL 46,468,000 for the second quarter as revenue increased 22% to BRL 2,219,026,000 ($421.6 mm) from BRL 1,817,700,000 riding World Cup tailwinds. RevolutionRace Tops SEK 2 Billion in FY2026
RVRC Holding revenues increased 2% to SEK 414 million ($44.2 mm) in the fourth quarter ended June 30 from SEK 405 million, a 3% improvement in constant currency, driving net income of SEK 53 million ($5.7 mm), up from SEK 50 million. ThredUp’s Loss Expands on Higher Sales, Revises Guidance
The apparel and footwear resale marketplace’s net loss deepened 15% to $5,935,000 from $5,176,000 in the second quarter, on 17% higher sales of $90,767,000, up from $77,657,000, as active buyer count grew 21% to 1.77 million. Sporting Goods Sales Dip in July
July sales at sporting goods, hobby, music, and book stores ticked down 3.01% year over year on an unadjusted basis, and fell 0.47% seasonally adjusted, according to the CNBC/NRF Retail Monitor. Gerflor Acquires Gared Performance Sports Systems
The commercial flooring maker has inked an agreement to acquire Gared Performance Sports Systems, bringing together Gerflor’s specialized sports flooring with Gared’s line of gym equipment and facility hardware. Ecetera: Lululemon, Seirus Innovation
08/10/2026 Compass Diversified’s BOA and Primaloft Outperform in Q2
CODI’s largest sports brand, 5.11 Tactical, contracted by 4% to $126,499,000 from $131,442,000 in the second quarter, but BOA and Primaloft posted 20%-plus revenue growth and big profit gains. GoPro’s Loss Widens as Strategic Review Progresses
The embattled action camera company’s net loss more than tripled in Q2 to $51,005,000 from a $16,422,000 loss a year ago, on 31% lower revenues of $104,934,000 against $152,643,000. Yonex Profit Grows Double Digits, Ups Guidance
The Japanese racquet sports and golf company posted a 32% improvement in net income to ¥5,590 million ($35.1 mm) from ¥4,237 million in the fiscal first quarter ended June 30, on sales that grew 14% to ¥45,468 million ($285.3 mm) from ¥39,856 million. Gunbroker Parent Turns Quarterly Profit
Outdoor Holding Co.’s net income attributable to shareholders tallied $2,808,436 compared to last year’s loss of $7,232,459 for the fiscal first quarter ended June 30, while revenues were up 22% to $14,480,654 from $11,857,376. Yue Yuen Manufacturing, Retail Down Again in July
Yue Yuen’s footwear manufacturing revenue declined 10% in July to an implied $456,670,000 from $507,936,000 last year, while total revenues at the Chinese footwear maker and retailer fell 10% to $602,614,000 for the month. Retail Import Growth Will Slow as Section 301 Tariffs Take Effect
Imports at U.S. container ports increased 13% to 2.23 million Twenty-Foot Equivalent Units in June, lapping last year’s post “Liberation Day” lull, according to the NRF and Hackett Associates’ Global Port Tracker report. Etcetera: Nike, Canada Goose, Inov8, Xtep, Mountain Equipment
08/07/2026 Under Armour Lowers Top Line Guidance on N.A., China Weakness
Under Dog’s fiscal first quarter ended June 30 produced a $545,000 net profit against a $2,612,000 loss last year, as revenues declined 3% to $1,097,927,000 from $1,134,068,000. Mizuno’s Record Quarter Driven by Golf and Footwear
Net income attributable to shareholders increased 24% in the first fiscal quarter ended June 30, hitting ¥6,028 million ($37.8 mm) compared to ¥4,880 million, as revenues grew 13% to ¥71,505 million ($448.7 mm) from ¥63,528 million. Alpargatas Profits Surge on Double-Digit Revenue Growth
Net income at the Havaianas and Rothy’s parent jumped 95% to BRL 169.7 million ($33.6 mm) from BRL 87.0 million for the second quarter as net sales gained 11% to BRL 1,226.4 million ($242.9 mm) from BRL 1,101.4 million. Czechoslovak Group Ammo Sales Slip in H1
Czechoslovak Group’s Ammo+ segment revenue dropped 12% to €631 million ($734 mm) for the first half, as the U.S. commercial channel slowdown early in the year continued to improve from late Q1 onward.
The world’s largest bike maker’s profits more than tripled to TWD 634.8 million ($20.1 mm) from TWD 189.9 million in the second quarter, as revenues increased by 6% to TWD 16,664.7 million ($527.5 mm) from TWD 15,754.3 million. Johnson Outdoors Gets $15 Million Tariff Refund
Net income nearly doubled to $14,948,000 from $7,742,000 for the fiscal third quarter ended July 3, helped by about $15 million in IEEPA tariff refunds, as sales increased 5% to $189,731,000 from $180,655,000.
The Italian fitness equipment specialist’s consolidated revenues grew 7% in the first half to €492.6 million ($572.8 mm) from €458.8 million, propelled by growth in both B2B (commercial) and B2C (home) segments. Globeride Profits Squeezed by Margin Pressures
The Japanese parent of Daiwa fishing and golf saw profit attributable to shareholders slump 24% to ¥1,345 million ($8.4 mm) from ¥1,773 million in the fiscal first quarter ended June 30, despite revenues coming in 6% higher at ¥33,701 million ($211.5 mm) from ¥31,691 million. Shenzhou Int’l Issues Dour Outlook
The Chinese apparel maker warned that profit attributable to shareholders will be down roughly 38% to 43% in the first half to about RMB 1,800 million ($264.3 mm) from RMB 3,177 million. Zett Profits Improve on Wholesale Strength
Net income shot up 49% in the fiscal first quarter ended June 30 to ¥312 million ($2.0 mm) from ¥209 million last year, on sales that improved 8% to ¥15,586 million ($97.8 mm). JD Sports Names Peter Agnefjäll as Chairman
JD Sports tapped the former Ikea executive as board chair, effective Sep. 1, succeeding Darren Shapland, who has been serving on an interim basis since Andrew Higginson’s departure in July. |
