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Latest News 06/12/2026 Industry Profits Grow Double Digits in First Quarter
After taking a significant profit hit from impairments in Q4, aggregate sales and net income at public sporting goods companies accelerated in Q1, with revenue up 12% to $54,510.2 million from $48,868.5 million and net income up 13% to $2,921.6 million from $2,588.0 million. Activist Investor Calls Out Topo in Taking 16% Designer Brands Stake
Stone House Capital Management has accumulated 7,000,000 DBI shares and holds call options for 1,500,000 more, according to a recent 13D filing. Cannondale Parent Shifting Production out of the Netherlands
Dutch conglomerate Pon Holdings’ Cannondale production is moving from the Netherlands to its facilities in Germany and Lithuania, according to multiple reports. Etcetera: Perfect Moment, Evolution Outdoor, Purist Collective, Liberty Ammunition
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