Net income fell by 11% in the second quarter to $329,223,000 from $370,905,000, and would have tumbled further except for $134.5 million in IEEPA tariff refunds, as revenues declined 4% to $2,415,631,000 from $2,525,219,000, pulled down by worsening conditions in the Americas and negative constant currency sales growth in China.

Tariff refunds totaling $21.8 million more than offset $8.9 million in proxy contest and other charges, pushing GCO to a $3,479,000 Q2 profit from last year’s $18,471,000 loss, on 3% lower sales of $529,858,000 down from $545,965,000.

The bottom line swung to a $2,588,000 profit in the fiscal first quarter ended July 31 from a loss of $3,411,000 on 32% higher sales of $112,587,000, up from $85,077,000 in the seasonally slow period.

Net loss narrowed 78% to $1,528,000 from $6,829,000 for the fiscal first quarter ended July 31 as net sales jumped 25% to $37,254,000 from $29,702,000, or up 4% when backing out a $6.0 million pull-forward in orders from FQ1 ‘26 into FQ4 ‘25.

The Archery Trade Association announced that president and CEO Jeff Poole will retire on Jan. 31, 2027, concluding five years at the helm.

SDSI elevated longtime executive director, Bob Rief, to Chair of the Board, succeeding John Sarkisian, who will move on to help lead the Bill Walton Foundation.

Mondraker USA is recalling about 129 mountain bikes equipped with ONOFF S9 Carbon MTB handlebars because they can crack or fracture during use.

The outdoor performance brand is aiming for a 10% revenue CAGR in a new five-year plan laid out during its first investor day under Kontoor Brands ownership, targeting $1.1 billion in revenue for 2030 while boosting profitability on a three-pronged focus of “supercharge the U.S.,” “win in premium outdoor,” and “power workwear.”

Net income soared 165% in the second quarter to $8,381,000 from $3,165,000 as TLYS operating momentum continued, with revenues 8% higher at $163,508,000 against $151,256,000 and blended comps up 12.1%.

Starter and Converse apparel are starting to scale, and Levi’s was also a highlight in the second quarter for GIII, with meaningful expansion, CEO Morris Goldfarb reported.

The Finnish smart ring maker named four tech industry veterans to its board of directors as it finalizes its preparations for a highly anticipated IPO as soon as later this month.

NSSF’s adjusted NICS FBI background checks improved 2.2% to 1,115,410 in August from 1,091,342, marking the sixth consecutive month of growth. Year-to-date checks are up by 3.7%.

Los Angeles’ Counterfeit and Piracy Enforcement Team unearthed around 25,898 counterfeit Nike, Adidas, and other branded streetwear items during an inspection, with a retail value of more than $10 million.

Net loss narrowed to $4,427,000 in the second quarter from a loss of $7,083,000 last year, helped by better product margins and SG&A savings, as revenues inched up 1% to $295,583,000 from $293,899,000, including a flat comp.

The embattled camera manufacturer lived up to its action sports roots with a wild opening to the week, as today’s announcement of a merger with privately held, AI-focused firm Starman Optical followed Monday’s disclosure that YouTuber Mark “Markiplier” Fischbach had become its largest shareholder, sending the stock price soaring.

New Wave Group, the Swedish parent of sports brands Craft and Cutter & Buck and distributor of other labels, inked an agreement to acquire the German-based football and handball supplier, adding Uhlsport and Kempa to its portfolio of brands.

The Eager Beavertons’ last F1 deal ended in 2002 when seven-time World Drivers Champion Michael Schumacher defected to Fila, but senior Nike executives have recently been in discussions with Formula One Management, Sports Business Journal first reported.

Youth team sports equipment sales reached $1.6 billion in the U.S. for the year ended Jul. 2026, growing 3% year-over-year despite unit sales that declined 3%, according to Circana.