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Daily News Feed 03/12/2026 Dick’s SG Guides for 2026 Growth after Foot Locker Cleanup
Foot Locker integration costs and a Holiday clearance push to clean up obsolete inventory there weighed on Dick’s bottom line, sending profits down 57% to $128,337,000 from $299,969,000 while the newly acquired sneaker chain’s incremental sales pushed total Q4 revenues up 60% to $6,226,054,000 from $3,893,649,000. Zumiez Comps Higher and Earnings Surge in Q4
Net income grew 33% in Q4 to $19,550,000 over $14,754,000 as net sales increased 4% to $291,308,000 from $279,160,000, with comps up 2.2%, as North American sales grew 5% to $224.4 million and International was up 3% to $66.9 million. American Outdoor Brands is Back in The Red
Net loss was $4,073,000 against a slight profit last year, hurt by a $3.4 million impairment charge on its held-for-sale UST brand, as AOUT revenues fell 3% in the fiscal third quarter ended Jan. 31 to $56,576,000 from $58,505,000. Tariff Update: IEEPA Refunds and Section 301 Investigations
Judicial action is underway on the tariff refund front as the U.S. Court of International Trade ordered Customs and Border Protection to start a refund process after a senior judge ruled all affected importers “are entitled to the benefit” of refunds in response to a pending lawsuit from a single company. Gymshark Profits Pressured by Retail Expansion
The U.K.-based fitness apparel maker pre-announced results for the fiscal year ended July 31, 2025, touting a 7% increase in revenue to £646 million ($862 mm) from £607 million, its 13th consecutive year of growth. Starter and Converse Add $130 Million for G-III
G-III Apparel Group said its licensed sports brands topped $130 million in sales last year, up mid-single digits, on full-year results from Starter and the first six months of Converse apparel. GrabAGun Sales Improve, but Expenses Ding Bottom Line
The mobile-focused gun e-tailer’s net income dropped 80% to $0.4 million in the final quarter ended Jan. 31, from $2.0 million, despite revenues up 14% to $29,624,000 from $25,957,000. Lululemon Founder Says Board Changes Needed Before New CEO
LULU founder Chip Wilson issued an open letter to shareholders outlining the board’s shortcomings and why he put forward On Running co-CEO Marc Maurer, former ESPN chief marketing officer Laura Gentile, and former Activision CEO Eric Hirshberg as director candidates. Lululemon Fined For Australian Spam
The Lulunatics paid A$702,900 ($497k) in penalties after Australian authorities found that more than 370,000 service emails sent over the 2024–25 Holiday period included marketing content without an unsubscribe option. CPSC Recall: ProRider Bicycle Helmets
ProRider is recalling about 9,546 Economy, Turn Ring, Black Foam, BMX, and Toddler bike helmets because they do not comply with impact attenuation, positional stability, labeling, and certification requirements. Etcetera: Temple Fork Outfitters, Rab
03/11/2026 Yue Yuen Manufacturing Flat, Retail Down in 2025
Net income attributable to shareholders dipped 3% last year to $381,082,000 from $392,415,000 as revenues declined 2% to $8,031,354,000 from $8,182,161,000 as retail weakness more than offset manufacturing revenues. Tilly’s Back in the Black for Q4
The teen retailer’s net income was $2,942,000 in the final quarter against a loss of $13,664,000, as the top line grew by 5% to $55,131,000 from $147,288,000, with a +10.1% blended comp more than offsetting 17 fewer stores than a year ago. Rapala VMC Hit by ForEx Headwinds
The Finnish fishing brand ended 2024 in the red, tallying a loss for the full year of €4.9 million ($5.5 mm) against a gain of €0.4 million, on sales that were up 3% to €227.5 million ($255.6 mm) against €220.9 million, 6% higher constant currency. Interactive Strength Closes Ergatta Acquisition
Interactive Strength Inc., whose portfolio already includes Wattbike, Clmbr, and Forme, completed its acquisition of the connected rowing machine maker at a maximum enterprise value of $19.5 million if all earn-outs are achieved. Scarpa Resets North American Leadership
The Italian technical outdoor brand appointed Deuter USA and Ortovox USA managing director Jonathan Degenhardt as CEO of its North American operations, succeeding Kim Miller after more than two decades in the role. REI Aims to Cut Labor Costs: Report
The outdoor co-op plans to cut starting pay and reduce benefits for existing store staff effective July 1, according to an internal memo first reported by Bloomberg. Thermore’s New Insulation Recycles Textile Waste
The Milan-based insulation supplier has launched Ecodown Fibers T2T, a high-performance insulation that combines 80% post-industrial textile waste and 20% post-consumer PET bottles. Beretta Claps Back at Sturm, Ruger
Accusing RGR of “egregiously” breaching a confidentiality agreement between the two companies, the Italian gunmaker said it remains committed to negotiations and hopes to reach a constructive settlement. Etcetera: On, New Balance, Peloton, AAFA, Academy Sports
03/10/2026 Grupo SBF’s Nike and Retail Revenue Grow Double Digits
Net income at the Centauro and Nike Fisia parent was down 5% to BRL 128,333,000 ($24.4 mm) from BRL 135,296,000 for the fourth quarter on a 12% revenue increase to BRL 2,427,832,000 ($461.3 mm) from BRL 2,172,270,000. Kohl’s Focuses on Private Label as Customers Struggle
The mass-market retailer said footwear sales were a drag in the fiscal fourth quarter ended Jan. 31, with sneakers and boots both underperforming, though dress and casual styles sold better. VF Corp. Cautious on Tariff Turmoil, Names New TNF Chief
Touting success so far from re-sourcing efforts and price hikes to mitigate the impact of increasing tariffs, VFC will continue to run its playbook as though the Supreme Court decision hadn’t come down, CEO Bracken Darrell said at Citi’s Global Consumer & Retail Conference. Sporting Goods Sales Up over 6% in February
Feb. sales at sporting goods, hobby, music, and book stores improved 6.53% year over year on an unadjusted basis, but inched down 0.02% seasonally adjusted, according to the CNBC/NRF Retail Monitor. Yue Yuen Manufacturing Down, Retail Up in February
Yue Yuen’s footwear manufacturing revenue slipped 6% in Feb. to an implied $390,375,000 from $416,474,000 last year, while total revenues at the Chinese company grew 19% to $674,546,000 from $565,106,000 for the month. Jack Nicklaus Acquired out of Bankruptcy
20 Majors, an investment company tied to the Jack Nicklaus family, received court approval on Mar. 9 to acquire all of the brand’s assets free and clear, in a deal valued at $35.7 million. Etcetera: Academy, REI, On, Dick’s, Colt CZ, Azimuth Technology, Inov8, Salomon
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