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Latest News 10/02/2026 Tariff Refunds Power Huge Q2 Profit Gains
Aggregate sales and net income continued their positive trends from the first quarter, with Q2 revenue at public sporting goods companies growing 10% to $54,943.3 million from $50,130.6 million and the bottom line jumping 154% to $3,943.3 million from $1,552.3 million as IEEPA tariff refunds poured in. Frasers Group Takes Stake in Under Armour
The U.K. retailer has accumulated 16,576,500 Class A shares of UA’s beaten-down stock, representing an 8.78% stake of the 188,839,506 shares outstanding, according to a Schedule 13G filing.
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