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Daily News Feed


05/04/2026


REI Slashes Loss as Sales Return to Growth

REI chief Mary Beth Laughton finished her first year at the co-op’s helm with a dramatically improved bottom line, benefiting from cost-cutting and other initiatives under her Peak 28 turnaround plan.

Descente Sales Lag to Finish the Year

The Itochu-owned brand said its net income declined 22% in the fiscal fourth quarter to ¥2.9 billion ($18.5 mm) from ¥3.7 billion, as revenues narrowed 4% to ¥35.0 billion ($0.2 mm) from ¥36.3 billion.

ThredUp Posts Mid-Teens Sales Growth

The apparel and footwear resale marketplace’s net loss expanded 24% to $6,472,000 from $5,215,000 in the first quarter, on 15% higher sales of $81,671,000, up from $71,291,000, as active buyers grew by 25% to 1.71 million.

Sturm, Ruger Makes a Deal with Beretta

After months of trading snippy press releases, RGR has agreed to allow Beretta Holding S.A. to acquire up to 25% of its outstanding shares from current shareholders in a tender offer priced at a 20% premium.

Academy Sports Issuing New Debt to Extend Maturities

ASO is issuing $500 million senior secured notes due in 2031, and plans to use the net proceeds to refinance its existing $400 million senior secured notes due Nov. 2027 and fully repay the remaining $85 million balance under its term loan B due Nov. 2027.

Rack Room Shoes Hires Famous Footwear Veteran

The value-focused footwear retailer tapped Mike Edwards as CEO, succeeding Mark Lardie, who is stepping down from the role after 14 years.

Compass Diversified Closes Sterno Sale

The 5.11, BOA, PrimaLoft, and Velocity Outdoor parent will be on a firmer financial footing with $280 million in total proceeds from the sale of the food service business, SternoCandleLamp Holdings, Inc., to Archer Foodservice Partners.

NICS Checks Grow in April, NFA Soars

NSSF’s adjusted NICS FBI background checks increased for the third month in a row, rising 1.6% to 1,193,428 in Apr. from 1,174,294, and are up by the same percentage for the year so far.

Etcetera: Game One, Tisas Arms

05/01/2026


Brooks Running Full Steam Ahead

Brooks Running said revenues were up 23% in Q1, propelled by at least double-digit growth in every region and channel, including a 20% increase in North America.

Newell Outdoor Revenues Improve Sequentially

Outdoor segment revenues declined 4% in the first quarter of 2026 to $175 million from $182 million, and were down 6% on a constant-currency basis.

Bass Pro Parent Upgraded as Tariffs Abate

S&P Global upgraded Bass Pro and Cabela’s parent, Great Outdoors Group, to stable from negative, and affirmed its BB- issuer credit rating and other ratings, citing better-than-expected Q1 results.

KMD Brands Names New Chairman as Turnaround Progresses

Having just completed a refinancing and equity sale, the down-under retailer and parent of Oboz and Rip Curl elected non-executive director Philip Bowman as chairman of its board, succeeding David Kirk in the role.

Etcetera: Snow Peak, Equip Outdoor Technologies, The James Brand

04/30/2026


Puma Makes Good Progress to Start Transition Year

In what’s becoming a familiar refrain from European brands, the strong euro pushed down Puma’s reported revenues by 6% to €1,863.8 million ($2,192.7 mm) from €1,989.8 million, compared to just a 1% decline in constant currency.

Columbia Lifts Profit Outlook on Tariff Relief

Revenues were essentially flat to start the year, inching up to $779,013,000 from $778,452,000 in the first quarter, down 3% on a constant currency basis, with net income slipping 19% to $34,308,000 from $42,248,000.

Gildan Posts Q1 Loss on HBI Integration

The first full quarter with Hanesbrands on the P&L saw the bottom line swing to a net loss from continuing operations of $55.1 million against income of $84.7 million for Q1, while sales surged 64% to $1,165.9 million from $711.7 million.

Crocs Raises Outlook after Q1 Tops Expectations

Net income was down 14% to $137,556,000 from $160,103,000 for the first quarter as revenue dipped 2% (-4% CC) to $921,457,000 from $937,333,000, with 12% growth in direct-to-consumer meeting a 10% wholesale decline as CROX works to align channel inventories.

Macron Hits Record Sales in 2025

The Italian teamwear brand’s revenues were up 9% last year, hitting a record €244.6 million ($287.8 mm), up from €223.6 million, as pro forma EBITDA rose 14% to €51.6 million ($60.7 mm), up from €45.1 million.

Escalade Profits on Favorable Sales Mix, Improving Margins

Net income skyrocketed 67% to $4,381,000 from $2,619,000 in the first quarter as revenues inched up 1% to $55,785,000 from $55,479,000, driven by archery momentum, including its recent Gold Tip acquisition, and billiards and safety.

Globeride Ups Forecast For FY26

The Japanese parent of Daiwa fishing said that revenues for the fiscal year ended Mar. 31 will come in at ¥126,900 million ($848 mm), better than previous guidance of ¥125,000 million and up 2% from last year’s ¥123,983 million.

Four Team Dealers Unite

Alli Sports is the name of the new parent company that will bring four team dealers under the same umbrella, including FL-based Baker’s Sports, NC-based Johnson-Lambe Co., SC-based First Team Sports Center, and OK-based Midwest Sporting Goods.

Zwift Buys Cycling App

The indoor cycling training app maker has inked an agreement to acquire Rouvy, the “real routes” cycling app, for undisclosed terms.

SRG Names New Rebel Sport GM

Super Retail Group has hired former Oroton Group CEO and McKinsey consultant Jenny Child as the new managing director for its Rebel Sport banner, succeeding retiring Gary Williams.

CPSC Recalls: Bicycle Light Sets

Smfanlus is recalling about 2,800 Qumeney bicycle lights because they violate the child-safety standard for consumer products with button-cell and coin batteries.

Etcetera: Skechers, Lycra, Cabot Hosiery, Outdoor Retailer, Salomon, Oura

 
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