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Daily News Feed 05/12/2026 Under Armour Guides for Slightly Lower Revenues
Net loss narrowed to $43,390,000 from $67,457,000 in the fiscal fourth quarter ended Mar. 31 on 1% lower sales of $1,171,161,000 against $1,180,583,000 that were down 4% constant currency, with strength overseas partially offsetting continued North American weakness. On Soars in Asia but Weak Dollar Hurts Americas Sales
With co-founders David Allemann and Caspar Coppetti taking over as co-CEOs from Martin Hoffmann on May 1, ONON’s net income jumped 82% in Q1 to CHF 103.3 million ($132.2 mm) from CHF 56.7 million on sales that were up 14% (+26% CC) to CHF 831.9 million ($1,064.8 mm) from CHF 726.6 million. Mizuno Footwear Sales Jumped 14% Last Year
Mizuno finished the fiscal year ended Mar. 31, growing 8% to ¥259,045 million ($1,730.4 mm) from ¥240,335 million and increasing net income by 21% to ¥18,376 million ($122.8 mm) from ¥15,243 million. Grupo SBF Rides Brazil Jersey Sales to Big Gains
The Brazilian retailer and distributor’s net income increased 10% to BRL 74,211,000 ($14.1 mm) from BRL 67,315,000 in the first quarter, driven by a 15% revenue gain to BRL 1,785,429,000 ($339.2 mm) from BRL 1,554,359,000. Yonex Finishes Year on High Note
Net income improved 14% at the Japanese racquet sports and golf brand to ¥12,092 million ($77.1 mm) against ¥10,591 million, on sales that were up 18% to a record high ¥163,643 million ($1,043.1 mm) up from ¥138,276 million for the fiscal year ended Mar. 31. Leatt Sees Growth across All Categories in Q1
After returning to profit last year, the South African protective equipment maker started strong in the first quarter, as net income improved 58% to $1,770,694 against $1,121,124 on 27% higher revenues of $19,507,486 up from $15,367,864. Skechers Parent’s Rating Affirmed by Fitch
The ratings agency affirmed Beach Acquisition Co. Parent LLC’s (dba Skechers) long-term issuer default ratings at B+, with a stable outlook, citing the footwear maker’s revenue of around $9.6 billion, good cash flow and strong track record for growth. Bogner Taps Arne Freundt as CEO
Willy Bogner GmbH has appointed former Puma chief Arne Freundt as the Munich-based winter sports brand’s new CEO, effective June 1. Selkirk Sport Buys Niche Paddle Brand
The Bluestone Equity Partners-backed pickleball equipment company has acquired high-end direct-to-consumer paddle maker Bread & Butter, for undisclosed terms.
05/11/2026 GoPro Reviewing Strategic Alternatives after Down Quarter
Another weak quarterly result has the action camera maker considering a sale of the company or a merger to maximize shareholder value, CEO Nicholas Woodman revealed on its Q1 conference call. Trump’s Section 122 Tariffs Ruled Illegal
In a decision that will surely be appealed, the Court of International Trade in New York has ruled that the 10% tariff on all U.S. imports that the Trump Administration imposed in Feb. is illegal. Yue Yuen Manufacturing Improves, but Retail Flat in April
Yue Yuen’s footwear manufacturing revenue improved 8% in Apr. to an implied $502,976,000 from $467,566,000 last year, while total revenues at the Chinese company grew 7% to $701,514,000 from $658,310,000 for the month. Nike Faces Class Action over Tariff Refunds
Echoing several earlier suits, seven consumers who purchased Nike products imported from countries subject to the IEEPA tariffs are suing the Eager Beavertons for their share of the refunds due, following the Supreme Court’s Feb. decision that the tariffs were illegal.
Favoto is recalling about 2,200 bicycle helmets because they don’t comply with requirements for positional stability, labeling, and certification. Etcetera: Asics, Adidas, CMC Triggers
05/08/2026 NSGA Logs Broad Participation Gains in New Study
Green arrows won the day on sports and recreational participation charts as nine out of 10 tracked segments posted gains, and post-pandemic winners continued their ascent in the trade association’s Sports Participation in the United States 2026 edition.
The world’s largest bike maker’s bottom line swung to a loss of TWD 199.8 million ($6.3 mm) from a profit of TWD 367.6 million, on 26% lower revenues of TWD 12,523.5 million ($395.1 mm). Alpargatas Posts Record Havaianas Sales
Net income from continuing operations was up 49% to BRL 177.6 million ($33.7 mm) from BRL 119.1 million in the first quarter, driven by 13% revenue growth to BRL 1,229.5 million ($233.6 mm) from BRL 1,092.5 million, mostly from BRL 1,216.6 million in Havaianas sales. Johnson Outdoors Boosted by Fishing
Net income grew more than fourfold in the fiscal second quarter ended Apr. 3 to $9,409,000 from $2,304,000 on a 16% gain in revenues to $194,480,000 from $168,349,000. Retail Imports Gain in March, but Tariffs Impact Comparisons
Imports exceeded projections in Mar., inching up 1% to 2.16 million Twenty-Foot Equivalent Units, rebounding sequentially from the Lunar New Year factory shutdowns in China, according to the NRF and Hackett Associates. Etcetera: PGA Tour Superstore, Dick’s, Target Sports USA, Dunkman, Tisas Arms, Imperial
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