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Daily News Feed 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 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.
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.
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
11/03/2026 Running and Soccer Growth Drive Q3 Footwear Sales
Running led footwear sales gains in Q3, with 10% dollar growth and higher units, according to Circana data, while overall footwear sales were flat, with units down in the mid-single digits. Aclima Buys Finnish Sock Maker
The Norwegian outdoor performance wool apparel brand announced it has acquired Finnish sock manufacturer Sukkamestarit, expanding its base- and mid-layer portfolio into performance woolen socks. Authentic Brands Group Completes Lee Deal
Authentic Brands closed its acquisition of the iconic denim brand from Kontoor Brands for up to $1 billion, including an initial transaction value of $750 million and a $250 million performance-based earn-out. NICS Checks Return to Growth in October
NSSF’s adjusted NICS FBI background checks jumped 7.9% to 1,402,422 in the seasonally important month of Oct. from 1,299,312, the eighth month to show growth in 2026, which is up 3.6% year to date. Lululemon Sued over Turnaround Plan
LULU faces a new proposed class-action lawsuit in a New Jersey district court, filed by investor Karol Koronczi against the company, CFO Meghan Frank, and president and CCO André Maestrini. Etcetera: Sports Direct, Outdoor Voices, Nike, REI, Town Hall Outdoor
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