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Daily News Feed


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. 

CPSC Recalls: Bicycle Helmets

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.

Giant Group Battered in Q1

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

05/07/2026


JD Sports’ North American Comps and Profits Fall

North America accounted for 38% of JD Sports’ sales last year, growing 13% to £4,779 million ($6,288 mm) from £4,242 million, with 3% constant-currency organic growth excluding acquisitions and disposals, while same-store sales declined 1.8%.

Callaway Bumps Guidance after Strong Start to Year

With Jack Wolfskin a distant memory and a majority share in Topgolf divested, Callaway’s net income from continuing operations increased 18% in the first quarter to $74.9 million from $63.4 million, as revenues grew 9% to $687.5 million from $629.6 million.

Fox Factory Sales Improve, but Marucci Struggles

Net loss attributable to shareholders narrowed to $14,996,000 in Q1 from last year’s $259,694,000 loss that included a $262.1 million impairment charge, while sales improved 4% to $368,657,000 from $355,030,000.

Helly Hansen Grows Mid-Teens for Kontoor Brands

Helly Hansen revenues were up 16% in Q1 to $176,010,000, contributing $0.26 of its new parent company’s $1.06 adjusted EPS result, a 67% improvement from a year ago.

Peloton Bounces Back in Q3

The connected fitness company’s net income was $26.4 million in the third quarter against a loss of $47.7 million, on sales that inched up 1% to $630.9 million from $624.0 million.

Clarus Lowers Forecast, Will Explore Sale

Net loss in the first quarter was $3,295,000 against a loss of $5,244,000 last year, as revenues from continuing operations grew 2% to $61,938,000 from $60,433,000.

Winchester Profits Slip on Higher Sales

Strong military sales and growth in commercial ammo sent revenues up 21% to $470.5 million from $388.0 million in the first quarter, but operating income at the Olin Corp. segment tumbled by a third to $15.2 million from $22.8 million.

Etcetera: Fanatics, Marathon Sports, NoSweat, Adidas, Lotto

 
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